Data / Bank failures / 2012 / The Farmers Bank of Lynchburg
The Farmers Bank of Lynchburg, Lynchburg, TN: failed June 15, 2012
The Farmers Bank of Lynchburg in Lynchburg, Tennessee, failed on June 15, 2012. Clayton Bank and Trust of Knoxville, TN, took over its deposits. It held $163.9 million in assets and $156.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $33.1 million (20.2% of its assets). By assets it was the 24th largest of 51 banks closed or assisted in 2012.
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The FDIC's record
- Closed
- June 15, 2012
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Clayton Bank and Trust, Knoxville, TN
- Total assets
- $163,859,000
- Total deposits
- $156,402,000
- Estimated cost to the FDIC
- $33,105,602 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 1690
Other bank failures in Tennessee, 2010 to 2014
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Community South Bank | Parsons | August 23, 2013 | $386.9 million | $377.7 million | $129.7 million | CB&S Bank, Inc. |
| Mountain National Bank | Sevierville | June 7, 2013 | $437.3 million | $373.4 million | $33.3 million | First Tennessee Bank, National Association |
| Tennessee Commerce Bank | Franklin | January 27, 2012 | $1.01 billion | $1.04 billion | $351.8 million | Republic Bank & Trust Company |
| Bankeast | Knoxville | January 27, 2012 | $261.9 million | $259.6 million | $74.1 million | U.S. Bank National Association |
All bank failures in 2012 · All bank failures in Tennessee · 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.