Bank failure · KS
Bank of Nortonville (Nortonville, KS) — failed May 1, 1986
Bank of Nortonville of Nortonville, Kansas was closed on May 1, 1986 and resolved through a purchase and assumption. Kendall State Bank (KS) took over its insured deposits. At failure it held $7.2M in assets and $6.5M in deposits. The FDIC's estimated loss on the failure is $2.5M (34.1% of assets).
- Closing date
- May 1, 1986
- FDIC certificate #
- 4742
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Kendall State Bank
- Insurance fund
- FDIC
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