Bank failure · KS

The Home State Bank (Russell, KS) — failed March 3, 1988

The Home State Bank of Russell, Kansas was closed on March 3, 1988 and resolved through a purchase and assumption. First Nb&t Co of Salina (KS) took over its insured deposits. At failure it held $59.9M in assets and $61.9M in deposits. The FDIC's estimated loss on the failure is $10.7M (17.8% of assets).