Bank failure · KS
The Douglass State Bank (Kansas City, KS) — failed September 2, 1983
The Douglass State Bank of Kansas City, Kansas was closed on September 2, 1983 and resolved through a purchase and assumption. Douglass Bank (KS) took over its insured deposits. At failure it held $35.4M in assets and $31.2M in deposits. The FDIC's estimated loss on the failure is $10.8M (30.6% of assets).
- Closing date
- September 2, 1983
- FDIC certificate #
- 16614
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Douglass Bank
- Insurance fund
- FDIC
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