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Bank failure · KS

Decataur County National Bank of Oberlin (Oberlin, KS) — failed November 21, 1985

Decataur County National Bank of Oberlin of Oberlin, Kansas was closed on November 21, 1985 and resolved through a purchase and assumption. Bank of Oberlin (KS) took over its insured deposits. At failure it held $18.4M in assets and $16.8M in deposits. The FDIC's estimated loss on the failure is $4.0M (21.7% of assets).

Closing date
November 21, 1985
FDIC certificate #
4740
Resolution
Purchase and assumption (failure)
Acquiring institution
Bank of Oberlin
Insurance fund
FDIC

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