Bank failure · KY
First Federal Bank (Lexington, KY) — failed April 19, 2013
First Federal Bank of Lexington, Kentucky was closed on April 19, 2013 and resolved through a purchase and assumption. Your Community Bank (IN) took over its insured deposits. At failure it held $93.0M in assets and $87.2M in deposits. The FDIC's estimated loss on the failure is $7.8M (8.4% of assets).
- Closing date
- April 19, 2013
- FDIC certificate #
- 29594
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Your Community Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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