TellerScore

Bank failure · KS

Hillcrest Bank (Overland Park, KS) — failed October 22, 2010

Hillcrest Bank of Overland Park, Kansas was closed on October 22, 2010 and resolved through a purchase and assumption. Hillcrest Bank, N.A. (KS) took over its insured deposits. At failure it held $1.6B in assets and $1.5B in deposits. The FDIC's estimated loss on the failure is $275.3M (17.4% of assets).

Closing date
October 22, 2010
FDIC certificate #
22173
Resolution
Purchase and assumption (failure)
Acquiring institution
Hillcrest Bank, N.A.
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2010

What happens when a bank fails