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Banks closings for the week ending June 4 - Only two more this week for a total of 80 this year
Light this week for the FDIC. This week there was only 2 closings. They include:
First National Bank in Rosedale, MS
Here's a little details about the bank as reporting last year:
Total assets: $64.2 mil
Equity capital: $9.2 mil
Deposits held in domestic offices: $54.7 mil
Return on assets (ROA): 1.40% ($0.9 mil)
Quarterly return on assets: -1.33% (-$0.9 mil)
Return on Equity (ROE): 9.71% ($0.9 mil)
Quarterly return on equity: -9.85% (-$0.9 mil)
Net income: $0.9 mil
Quarterly Net income: -$0.2 mil
Pretax return on assets: 2.27% ($1,456.9 mil)
Quarterly Pretax return on assets: -1.45% (-$930.6 mil)
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Arcola Homestead Savings Bank in Arcola, IL
Here's a little details about the bank as reporting last year:
Total assets: $14.8 mil
Equity capital: $2.3 mil
Deposits held in domestic offices: $12.5 mil
Return on assets (ROA): -2.25% (-$0.3 mil)
Quarterly return on assets: -4.13% (-$0.6 mil)
Return on Equity (ROE): -9.93% (-$0.2 mil)
Quarterly return on equity: -21.86% (-$0.4 mil)
Net income: -$0.2 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: -2.25% (-$333.8 mil)
Quarterly Pretax return on assets: -4.13% (-$612.6 mil)
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