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Bank failure · KS

The First State Bank (Thayer, KS) — failed August 22, 1984

The First State Bank of Thayer, Kansas was closed on August 22, 1984 and resolved through a purchase and assumption. First State Bank (KS) took over its insured deposits. At failure it held $12.2M in assets and $11.2M in deposits. The FDIC's estimated loss on the failure is $5.1M (41.9% of assets).

Closing date
August 22, 1984
FDIC certificate #
4780
Resolution
Purchase and assumption (failure)
Acquiring institution
First State Bank
Insurance fund
FDIC

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