Bank failure · KS
The Farmers and Merchants State Bank of Ru (LA Crosse, KS) — failed November 21, 1985
The Farmers and Merchants State Bank of Ru of LA Crosse, Kansas was closed on November 21, 1985 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $32.6M in assets and $28.9M in deposits. The FDIC's estimated loss on the failure is $10.0M (30.8% of assets).
- Closing date
- November 21, 1985
- FDIC certificate #
- 13160
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
Other failures in 1985
- Sun Fs&la FL
- Home Savings Bank NY
- State Bank of Frost MN
- State S&la of Lubbock TX
- First City Bank CA
- Brownfield S&la TX
- Farmers & Merchants Bank NE
- Princeton State Bank MO
- Bank of Panama NE
- Farmers State Bank NE
- The Farmers State Bank of Barry County, Ex MO
- Lake National Bank MO
- The First National Bank in Lincoln County NM
- Guaranty S&la AR
- State Fs&la OR
- Security State Bank NE
- The Farmers and Merchants National Bank of OK
- Citizens S&la OR
- Home Fs&la IA
- Home Fs&la KY
- Midland Fs&la MN
- Citizens Fs&la WA
- Usm (U.S. Mutual) S&la MI
- Hi-Plains S&la TX