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Bank failure · KS

Heartland Bank (Leawood, KS) — failed July 20, 2012

Heartland Bank of Leawood, Kansas was closed on July 20, 2012 and resolved through a purchase and assumption. Metcalf Bank (MO) took over its insured deposits. At failure it held $96.0M in assets and $89.7M in deposits. The FDIC's estimated loss on the failure is $363K (0.4% of assets).

Closing date
July 20, 2012
FDIC certificate #
1361
Resolution
Purchase and assumption (failure)
Acquiring institution
Metcalf Bank
Insurance fund
DIF
Pre-failure filings
Last reported financials

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What happens when a bank fails