Bank failure · KY

Louisa Community Bank (Louisa, KY) — failed October 25, 2019

Louisa Community Bank of Louisa, Kentucky was closed on October 25, 2019 and resolved through a purchase and assumption. Kentucky Farmers Bank Corporation (KY) took over its insured deposits. At failure it held $28.2M in assets and $25.2M in deposits. The FDIC's estimated loss on the failure is $4.3M (15.1% of assets).