# FARMER'S BANK

> **Failed bank** · TRIMBLE, TN · failed 1986-07-18 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $7M

## What happened

FARMER'S BANK of TRIMBLE, TN was closed by regulators on **1986-07-18**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FIRST TENNESSEE BANK NA** (MEMPHIS, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1233
- **FDIC Certificate:** 8438
- **FDIC FIN:** 2579
- **Bank name:** FARMER'S BANK
- **Location:** TRIMBLE, TN
- **Failure date:** 1986-07-18
- **FDIC resolution date:** 1986-07-18
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $20M
- **Assets at failure:** $21M
- **Acquiring bank:** FIRST TENNESSEE BANK NA (MEMPHIS, TN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FARMER'S%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FARMER'S BANK (FDIC ID 1233), failed 1986-07-18. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/1233.

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