Bank failure · KS
The Columbian Bank and Trust Company (Topeka, KS) — failed August 22, 2008
The Columbian Bank and Trust Company of Topeka, Kansas was closed on August 22, 2008 and resolved through a purchase and assumption (insured deposits). Citizens Bank and Trust Company (MO) took over its insured deposits. At failure it held $735.1M in assets and $620.4M in deposits. The FDIC's estimated loss on the failure is $334.3M (45.5% of assets).
- Closing date
- August 22, 2008
- FDIC certificate #
- 22728
- Resolution
- Purchase and assumption (insured deposits) (failure)
- Acquiring institution
- Citizens Bank and Trust Company
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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