Bank failure · KS
The First State Bank (Edna, KS) — failed June 13, 1985
The First State Bank of Edna, Kansas was closed on June 13, 1985 and resolved through a purchase and assumption. First State Bank of Edna (KS) took over its insured deposits. At failure it held $8.3M in assets and $8.1M in deposits. The FDIC's estimated loss on the failure is $2.8M (34.0% of assets).
- Closing date
- June 13, 1985
- FDIC certificate #
- 4657
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First State Bank of Edna
- Insurance fund
- FDIC
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