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Bank failure · KS

The Benton State Bank (Benton, KS) — failed June 11, 1987

The Benton State Bank of Benton, Kansas was closed on June 11, 1987 and resolved through a purchase and assumption. First National Bank&trus (KS) took over its insured deposits. At failure it held $9.4M in assets and $8.8M in deposits. The FDIC's estimated loss on the failure is $3.0M (31.6% of assets).

Closing date
June 11, 1987
FDIC certificate #
17382
Resolution
Purchase and assumption (failure)
Acquiring institution
First National Bank&trus
Insurance fund
FDIC

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