Data / Bank failures / 1937 / Farmers Bank & Trust Company
Farmers Bank & Trust Company, Charles Town, WV: failed August 31, 1937
Farmers Bank & Trust Company in Charles Town, West Virginia, failed on August 31, 1937. It held $1.3 million in assets and $1.4 million in deposits at its last report. By assets it was the 4th largest of 75 banks closed or assisted in 1937.
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The FDIC's record
- Closed
- August 31, 1937
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $1,262,000
- Total deposits
- $1,361,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in West Virginia, 1935 to 1939
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Point Pleasant National Bank | Point Pleasant | March 7, 1939 | $461,000 | $410,000 | ||
| Kermit State Bank | Kermit | November 1, 1938 | $120,000 | $67,000 |
All bank failures in 1937 · All bank failures in West Virginia · 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.