Bank failure · KS

Citizens State Bank of El Dorado (El Dorado, KS) — failed July 25, 1985

Citizens State Bank of El Dorado of El Dorado, Kansas was closed on July 25, 1985 and resolved through a purchase and assumption. National Bank of El Dora (KS) took over its insured deposits. At failure it held $31.2M in assets and $29.5M in deposits. The FDIC's estimated loss on the failure is $1.5M (4.7% of assets).