Data / Bank failures / 1971 / Farmers State Bank of Carlock
Farmers State Bank of Carlock, Carlock, IL: failed February 17, 1971
Farmers State Bank of Carlock in Carlock, Illinois, failed on February 17, 1971. It held $2.2 million in assets and $2.1 million in deposits at its last report. By assets it was the 4th largest of 7 banks closed or assisted in 1971.
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The FDIC's record
- Closed
- February 17, 1971
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $2,196,000
- Total deposits
- $2,077,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 10472
Other bank failures in Illinois, 1969 to 1973
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First National Bank of Ursa | Ursa | August 20, 1969 | $2.1 million | $1.8 million |
All bank failures in 1971 · All bank failures in Illinois · 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.