Bank failure · KS

Midland Bank of Kansas (Mission, KS) — failed April 2, 1993

Midland Bank of Kansas of Mission, Kansas was closed on April 2, 1993 and resolved through a purchase and assumption (insured deposits). Bank IV Kansas National (KS) took over its insured deposits. At failure it held $124.3M in assets and $120.9M in deposits. The FDIC's estimated loss on the failure is $12.9M (10.4% of assets).