Bank failure · KS
Kansas American Bank (Overland Park, KS) — failed July 25, 1985
Kansas American Bank of Overland Park, Kansas was closed on July 25, 1985 and resolved through a purchase and assumption. Midamerican B&t Overland (KS) took over its insured deposits. At failure it held $25.7M in assets and $23.9M in deposits. The FDIC's estimated loss on the failure is $6.4M (24.7% of assets).
- Closing date
- July 25, 1985
- FDIC certificate #
- 20699
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Midamerican B&t Overland
- Insurance fund
- FDIC
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