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Bank failure · KS

Eskridge State Bank (Eskridge, KS) — failed July 18, 1985

Eskridge State Bank of Eskridge, Kansas was closed on July 18, 1985 and resolved through a purchase and assumption. Flint Hills Bank of Eskr (KS) took over its insured deposits. At failure it held $10.1M in assets and $9.4M in deposits. The FDIC's estimated loss on the failure is $5.3M (52.5% of assets).

Closing date
July 18, 1985
FDIC certificate #
17962
Resolution
Purchase and assumption (failure)
Acquiring institution
Flint Hills Bank of Eskr
Insurance fund
FDIC

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What happens when a bank fails