Bank failure · TN

Bledsoe County Bank (Pikeville, TN) — failed May 18, 1984

Bledsoe County Bank of Pikeville, Tennessee was closed on May 18, 1984 and resolved through a purchase and assumption. Citizens Bank of Dunlap (TN) took over its insured deposits. At failure it held $5.3M in assets and $5.4M in deposits. The FDIC's estimated loss on the failure is $2.1M (39.7% of assets).