Bank failure · KS

Almena State Bank (Almena, KS) — failed October 23, 2020

Almena State Bank of Almena, Kansas was closed on October 23, 2020 and resolved through a purchase and assumption. Equity Bank (KS) took over its insured deposits. At failure it held $65.7M in assets and $64.9M in deposits. The FDIC's estimated loss on the failure is $15.9M (24.1% of assets).