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Bank failure · KS

Indian Springs State Bank (Kansas City, KS) — failed January 27, 1984

Indian Springs State Bank of Kansas City, Kansas was closed on January 27, 1984 and resolved through a insured deposit transfer. Brotherhood Bank&trust C (KS) took over its insured deposits. At failure it held $30.9M in assets and $27.3M in deposits. The FDIC's estimated loss on the failure is $8.5M (27.5% of assets).

Closing date
January 27, 1984
FDIC certificate #
20567
Resolution
Insured deposit transfer (failure)
Acquiring institution
Brotherhood Bank&trust C
Insurance fund
FDIC

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What happens when a bank fails