Bank failure · KS

Jennings Bank (Jennings, KS) — failed April 14, 1988

Jennings Bank of Jennings, Kansas was closed on April 14, 1988 and resolved through a purchase and assumption. Bank of Oberlin (KS) took over its insured deposits. At failure it held $7.1M in assets and $7.0M in deposits. The FDIC's estimated loss on the failure is $736K (10.4% of assets).