Bank failure · KS
The Bank of Horton (Horton, KS) — failed June 13, 1991
The Bank of Horton of Horton, Kansas was closed on June 13, 1991 and resolved through a purchase and assumption. Kansas State Bank (KS) took over its insured deposits. At failure it held $167.3M in assets and $170.5M in deposits. The FDIC's estimated loss on the failure is $4.3M (2.5% of assets).
- Closing date
- June 13, 1991
- FDIC certificate #
- 17681
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Kansas State Bank
- Insurance fund
- BIF
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