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Bank failure · KS

The Home State Bank (Longton, KS) — failed June 4, 1992

The Home State Bank of Longton, Kansas was closed on June 4, 1992 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $4.2M in assets and $4.2M in deposits. The FDIC's estimated loss on the failure is $730K (17.4% of assets).

Closing date
June 4, 1992
FDIC certificate #
14909
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
BIF

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What happens when a bank fails