Bank failure · TN
Farmers Bk & Tr Co. (Winchester, TN) — failed January 6, 1984
Farmers Bk & Tr Co. of Winchester, Tennessee was closed on January 6, 1984 and resolved through a purchase and assumption. Mid-South Bank&trust Co (TN) took over its insured deposits. At failure it held $48.6M in assets and $48.3M in deposits. The FDIC's estimated loss on the failure is $8.1M (16.6% of assets).
- Closing date
- January 6, 1984
- FDIC certificate #
- 4971
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Mid-South Bank&trust Co
- Insurance fund
- FDIC
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