Bank failure · TN

The Lawrence County Bank (Lawrenceburg, TN) — failed June 15, 1984

The Lawrence County Bank of Lawrenceburg, Tennessee was closed on June 15, 1984 and resolved through a purchase and assumption. Farmers Bk of Lawrence C (TN) took over its insured deposits. At failure it held $25.2M in assets and $24.5M in deposits. The FDIC's estimated loss on the failure is $6.5M (25.9% of assets).