Bank failure · KS

The First National Bank of Onaga (Onaga, KS) — failed July 23, 1985

The First National Bank of Onaga of Onaga, Kansas was closed on July 23, 1985 and resolved through a purchase and assumption. First National Bank of O (KS) took over its insured deposits. At failure it held $22.4M in assets and $22.3M in deposits. The FDIC's estimated loss on the failure is $2.2M (10.0% of assets).