Data / Bank failures / 1934 / Florence Deposit Bank
Florence Deposit Bank, Florence, IN: failed July 18, 1934
Florence Deposit Bank in Florence, Indiana, failed on July 18, 1934. It held $105,000 in assets and $69,000 in deposits at its last report. By assets it was the 5th largest of 9 banks closed or assisted in 1934.
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The FDIC's record
- Closed
- July 18, 1934
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $105,000
- Total deposits
- $69,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Indiana, 1932 to 1936
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Union State Bank | Crothersville | December 7, 1936 | $248,000 | $207,000 | ||
| Scottsburg State Bank | Scottsburg | December 5, 1936 | $563,000 | $491,000 | ||
| Citizens State Bank | Palmyra | December 5, 1936 | $350,000 | $297,000 | ||
| Cumberland Bank | Cumberland | August 14, 1936 | $87,000 | $71,000 | ||
| Holton State Bank | Holton | May 28, 1936 | $204,000 | $171,000 | ||
| The Earl Park State Bank | Earl Park | March 28, 1936 | $181,000 | $134,000 | ||
| Columbia State Bank | Columbia City | February 18, 1936 | $906,000 | $775,000 |
All bank failures in 1934 · All bank failures in Indiana · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.