Bank failure · KS
Barnard State Bank (Barnard, KS) — failed August 3, 1989
Barnard State Bank of Barnard, Kansas was closed on August 3, 1989 and resolved through a purchase and assumption. Saline Valley Bank (KS) took over its insured deposits. At failure it held $5.0M in assets and $5.1M in deposits. The FDIC's estimated loss on the failure is $976K (19.6% of assets).
- Closing date
- August 3, 1989
- FDIC certificate #
- 4623
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Saline Valley Bank
- Insurance fund
- FDIC
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