Bank failure · KS

The First Nat Bk of Gaylord (Gaylord, KS) — failed October 25, 1984

The First Nat Bk of Gaylord of Gaylord, Kansas was closed on October 25, 1984 and resolved through a purchase and assumption. Farmers Nb of Gaylord (KS) took over its insured deposits. At failure it held $6.4M in assets and $6.1M in deposits. The FDIC's estimated loss on the failure is $2.5M (39.0% of assets).