TellerScore

Bank failure · MO

First Bank of Kansas City (Kansas City, MO) — failed September 4, 2009

First Bank of Kansas City of Kansas City, Missouri was closed on September 4, 2009 and resolved through a purchase and assumption. Great American Bank (KS) took over its insured deposits. At failure it held $15.7M in assets and $14.5M in deposits. The FDIC's estimated loss on the failure is $7.5M (48.0% of assets).

Closing date
September 4, 2009
FDIC certificate #
25231
Resolution
Purchase and assumption (failure)
Acquiring institution
Great American Bank
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2009

What happens when a bank fails