Bank failure · KS
The Farmers State Bank (Selden, KS) — failed December 20, 1984
The Farmers State Bank of Selden, Kansas was closed on December 20, 1984 and resolved through a purchase and assumption. Selden State Bank (KS) took over its insured deposits. At failure it held $14.6M in assets and $13.7M in deposits. The FDIC's estimated loss on the failure is $8.0M (55.0% of assets).
- Closing date
- December 20, 1984
- FDIC certificate #
- 17700
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Selden State Bank
- Insurance fund
- FDIC
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