Bank failure · KS
The Citizens State Bank of St. Francis (St. Francis, KS) — failed May 15, 1986
The Citizens State Bank of St. Francis of St. Francis, Kansas was closed on May 15, 1986 and resolved through a purchase and assumption. St Francis State B&t Co (KS) took over its insured deposits. At failure it held $24.2M in assets and $22.1M in deposits. The FDIC's estimated loss on the failure is $8.4M (34.9% of assets).
- Closing date
- May 15, 1986
- FDIC certificate #
- 14767
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- St Francis State B&t Co
- Insurance fund
- FDIC
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