Bank failure · KS
The Bazine State Bank (Bazine, KS) — failed April 12, 1990
The Bazine State Bank of Bazine, Kansas was closed on April 12, 1990 and resolved through a purchase and assumption. Farmers Bank & Trust, Natio (KS) took over its insured deposits. At failure it held $16.9M in assets and $16.5M in deposits. The FDIC's estimated loss on the failure is $2.0M (11.6% of assets).
- Closing date
- April 12, 1990
- FDIC certificate #
- 15869
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Farmers Bank & Trust, Natio
- Insurance fund
- BIF
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