Bank failure · WI
Evergreen State Bank (Stoughton, WI) — failed January 28, 2011
Evergreen State Bank of Stoughton, Wisconsin was closed on January 28, 2011 and resolved through a purchase and assumption. McFarland State Bank (WI) took over its insured deposits. At failure it held $240.9M in assets and $193.7M in deposits. The FDIC's estimated loss on the failure is $28.1M (11.6% of assets).
- Closing date
- January 28, 2011
- FDIC certificate #
- 5328
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- McFarland State Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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