Bank failure · IN

The Shelby Nat Bk of Shelbyville (Shelbyville, IN) — failed April 19, 1984

The Shelby Nat Bk of Shelbyville of Shelbyville, Indiana was closed on April 19, 1984 and resolved through a purchase and assumption. American Fletcher Nb&t C (IN) took over its insured deposits. At failure it held $67.8M in assets and $65.5M in deposits. The FDIC's estimated loss on the failure is $378K (0.6% of assets).