Data / Bank failures / 1985 / Citizens State Bank
Citizens State Bank, Edgerton, WY: failed January 4, 1985
Citizens State Bank in Edgerton, Wyoming, failed on January 4, 1985. It held $2.9 million in assets and $2.6 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.2 million (41.5% of its assets). By assets it was the 179th largest of 180 banks closed or assisted in 1985.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- January 4, 1985
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $2,907,000
- Total deposits
- $2,563,000
- Estimated cost to the FDIC
- $1,207,852 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- FDIC
- FDIC certificate
- 22433
Other bank failures in Wyoming, 1983 to 1987
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First State Bank at Shoshoni | Shoshoni | December 18, 1987 | $4.6 million | $4.1 million | $1.1 million | First STB of Thermopolis |
| American National Bank of Afton | Afton | October 15, 1987 | $11.4 million | $11.2 million | $2.2 million | Star Valley State Bank |
| Stockmen's Bank & Trust Company | Gillette | September 18, 1987 | $117.4 million | $111.9 million | $41.1 million | First Interstate BK Gill |
| American National Bank of Evanston | Evanston | August 20, 1987 | $9.1 million | $8.9 million | $4 million | Pioneer Bank of Evanston |
| Guaranty Federal Bank FSB | Casper | December 12, 1986 | $63.8 million | $73.5 million | $18.9 million | |
| Valley State Bank | Baggs | October 17, 1986 | $5 million | $4.6 million | $718,276 | |
| American National Bank of Eastridge | Casper | August 28, 1986 | $4.4 million | $4.1 million | $1.2 million | |
| Medicine Bow State Bank | Medicine Bow | August 8, 1986 | $4.8 million | $4.2 million | $1.6 million |
All bank failures in 1985 · All bank failures in Wyoming · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.