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Data / Bank failures / 1942 / Farmers Bank

Farmers Bank, Lone Rock, WI: failed October 2, 1942

Farmers Bank in Lone Rock, Wisconsin, failed on October 2, 1942. It held $580,000 in assets and $537,000 in deposits at its last report. By assets it was the largest of 20 banks closed or assisted in 1942.

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The FDIC's record

Closed
October 2, 1942
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$580,000
Total deposits
$537,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Wisconsin, 1940 to 1944

BankCityClosedAssetsDepositsEstimated costAcquirer
Farmer's and Merchant's BankCochraneJuly 6, 1942$395,000$325,000
The First National Bank of DodgevilleDodgevilleNovember 29, 1941$941,000$907,000
Bank of EagleEagleOctober 25, 1940$457,000$387,000
Chaseburg State BankChaseburgJuly 13, 1940$341,000
Waushara County BankPlainfieldJune 25, 1940$267,000

All bank failures in 1942 · All bank failures in Wisconsin · 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.