Bank failure · CA

Farmers Savings Bank (Davis, CA) — failed October 18, 1985

Farmers Savings Bank of Davis, California was closed on October 18, 1985 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $590.3M in assets and $526.4M in deposits. The FDIC's estimated loss on the failure is $137.8M (23.3% of assets).