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Bank failure · IA

Hartford-Carlisle Sb (Carlisle, IA) — failed January 14, 2000

Hartford-Carlisle Sb of Carlisle, Iowa was closed on January 14, 2000 and resolved through a purchase and assumption (insured deposits). Citizens Bank (IA) took over its insured deposits. At failure it held $105.0M in assets and $68.5M in deposits. The FDIC's estimated loss on the failure is $11.6M (11.0% of assets).

Closing date
January 14, 2000
FDIC certificate #
14228
Resolution
Purchase and assumption (insured deposits) (failure)
Acquiring institution
Citizens Bank
Insurance fund
BIF
Pre-failure filings
Last reported financials

Other failures in 2000

What happens when a bank fails