Bank failure · KS
The Hoxie State Bank (Hoxie, KS) — failed November 13, 1986
The Hoxie State Bank of Hoxie, Kansas was closed on November 13, 1986 and resolved through a purchase and assumption. Prairie State Bank (KS) took over its insured deposits. At failure it held $35.8M in assets and $33.4M in deposits. The FDIC's estimated loss on the failure is $9.0M (25.1% of assets).
- Closing date
- November 13, 1986
- FDIC certificate #
- 13570
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Prairie State Bank
- Insurance fund
- FDIC
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