Closed Friday, January 14, 2000 · Carlisle, Warren County, Iowa
Hartford-Carlisle Savings Bank
No bank in Iowa had failed for six years, since Valley National Bank of Fremont County closed in 1993. Hartford-Carlisle Savings Bank was the largest of the 7 bank failures in 2000. In the three years to the third quarter of 1999, its assets grew 241%.
On the books, 1991 to 1999
Total assets were at their highest of these 32 quarters in the final report, for the third quarter of 1999. Equity capital stayed close to 8% of assets from the fourth quarter of 1991 to the last report. Every reporting year on this chart closed with a net profit.* 1999: January to September only, the last report before closing.
Size against the other 2000 failures
Total assets of each 2000 failure, log scale; Hartford-Carlisle Savings Bank in red.
Within Iowa it ranks ninth by size of the 67 failures recorded since 1934. Across the failures of 2000, the median estimated loss came to 5.3% of assets. The next-largest failure of that year was The National State Bank of Metropolis of Metropolis, Illinois ($90.4 million, loss 3.0% of assets). Every 2000 failure in the explorer.
Failures in Iowa
The next was Vantus Bank of Sioux City, on September 4, 2009. No other failed bank in the FDIC's records was based in Warren County.