Bank failure · KS

Heartland Tri-State Bank (Elkhart, KS) — failed July 28, 2023

Heartland Tri-State Bank of Elkhart, Kansas was closed on July 28, 2023 and resolved through a purchase and assumption. Dream First Bank,national Association (KS) took over its insured deposits. At failure it held $139.4M in assets and $130.1M in deposits. The FDIC's estimated loss on the failure is $42.7M (30.6% of assets).