TellerScore

Bank failure · KS

The First National Bank of Olathe (Olathe, KS) — failed August 12, 2011

The First National Bank of Olathe of Olathe, Kansas was closed on August 12, 2011 and resolved through a purchase and assumption. Enterprise Bank & Trust (MO) took over its insured deposits. At failure it held $538.1M in assets and $524.3M in deposits. The FDIC's estimated loss on the failure is $103.3M (19.2% of assets).

Closing date
August 12, 2011
FDIC certificate #
4744
Resolution
Purchase and assumption (failure)
Acquiring institution
Enterprise Bank & Trust
Insurance fund
DIF
Pre-failure filings
Last reported financials

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