TellerScore

Bank failure · KS

Farmers State Bank of Dexter (Dexter, KS) — failed June 20, 1985

Farmers State Bank of Dexter of Dexter, Kansas was closed on June 20, 1985 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $4.3M in assets and $4.2M in deposits. The FDIC's estimated loss on the failure is $1.3M (30.0% of assets).

Closing date
June 20, 1985
FDIC certificate #
10507
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1985

What happens when a bank fails