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) Read more 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) Read more