Bank failure · KS
Hays State Bank (Hays, KS) — failed December 4, 1986
Hays State Bank of Hays, Kansas was closed on December 4, 1986 and resolved through a purchase and assumption. Farmers State Bank&trust (KS) took over its insured deposits. At failure it held $27.8M in assets and $32.3M in deposits. The FDIC's estimated loss on the failure is $15.5M (55.7% of assets).
- Closing date
- December 4, 1986
- FDIC certificate #
- 19094
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Farmers State Bank&trust
- Insurance fund
- FDIC
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