Data / Bank failures / 1940 / First State Bank
First State Bank, Wishek, ND: failed April 18, 1940
First State Bank in Wishek, North Dakota, failed on April 18, 1940. It held $136,000 in assets and $113,000 in deposits at its last report. By assets it was the 16th largest of 43 banks closed or assisted in 1940.
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
- April 18, 1940
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $136,000
- Total deposits
- $113,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in North Dakota, 1938 to 1942
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Ashley State Bank | Ashley | April 18, 1940 | $247,000 | $172,000 | ||
| Bank of Reeder | Reeder | April 17, 1940 | $125,000 | |||
| State Bank of Bremen | Bremen | March 18, 1939 | $61,000 | $28,000 | ||
| Bank of Scranton | Scranton | January 16, 1939 | $153,000 | $94,000 | ||
| Farmers State Bank of Anamoose | Anamoose | November 26, 1938 | $62,000 | $39,000 | ||
| Stockmens State Bank | Medora | September 24, 1938 | $87,000 | $74,000 | ||
| First Bank of Flaxton | Flaxton | August 31, 1938 | $80,000 | $53,000 | ||
| German State Bank of Beulah | Beulah | May 31, 1938 | $122,000 | $100,000 |
All bank failures in 1940 · All bank failures in North Dakota · 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.