Bank failure · KS
The Home State Bank (LA Crosse, KS) — failed September 25, 1986
The Home State Bank of LA Crosse, Kansas was closed on September 25, 1986 and resolved through a purchase and assumption. Farmers B&t NA (KS) took over its insured deposits. At failure it held $14.7M in assets and $13.6M in deposits. The FDIC's estimated loss on the failure is $5.5M (37.3% of assets).
- Closing date
- September 25, 1986
- FDIC certificate #
- 16861
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Farmers B&t NA
- Insurance fund
- FDIC
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