Williams Savings Bank
Williams, IA · Owner: Williams Security Ins Agency
$12.8M
total assets, December 31, 1985
$12.8M
total assets, December 31, 1985
Williams Savings Bank was a state nonmember bank in Williams, IA, owned by Williams Security Ins Agency. It failed on Mar 20, 1986, and Iowa Falls State Bank took over its deposits. At its last report it held $12.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1985
This bank failed
- Failed on
- Mar 20, 1986
- Assets
- $12.8M
- Deposits
- $11.7M
- Estimated cost
- $359K
- Deposits went to
- Iowa Falls State Bank, Iowa Falls, IA
Total assets
$12.8M
-17.6% in a year · +2.1% in a quarter
Deposits
$11.7M
-13.8% in a year · +2.3% in a quarter
Loans
$6.7M
-30.5% in a year · -10.4% in a quarter
Profit so far
-$707K
Jan 1 to Dec 31, 1985
Capital ratio
7.59%
-3.36 pts in a year
Return on assets
-5.12%
-4.77 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Williams, IA, 50271
- County
- Hamilton
- Holding company
- Williams Security Ins Agency
- Established
- Feb 3, 1931
- Failed
- Mar 20, 1986
- Employees
- 6
- Id
- b12667
Quarter by quarter
March 31, 1984 to December 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 8
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Williams Savings Bank?
$12.8 million in total assets and $11.7 million in deposits as of December 31, 1985, with assets down 17.6% from a year before. Its loans were $6.74 million.
Is Williams Savings Bank profitable?
No: it lost $707,000 from January 1 to December 31, 1985. Its return on assets was -5.12% a year; about 1% is typical.
Who owns Williams Savings Bank?
Williams Savings Bank is owned by Williams Security Ins Agency, its holding company.
When did Williams Savings Bank fail?
Mar 20, 1986. Iowa Falls State Bank of Iowa Falls, IA took over its deposits. The estimated cost of the failure was $359,235.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.