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Bank failure · KS

The Mayfield State Bank, Mayfield (Mayfield, KS) — failed September 24, 1987

The Mayfield State Bank, Mayfield of Mayfield, Kansas was closed on September 24, 1987 and resolved through a insured deposit transfer. First Nb in Harper (KS) took over its insured deposits. At failure it held $6.8M in assets and $5.8M in deposits. The FDIC's estimated loss on the failure is $2.4M (35.9% of assets).

Closing date
September 24, 1987
FDIC certificate #
17653
Resolution
Insured deposit transfer (failure)
Acquiring institution
First Nb in Harper
Insurance fund
FDIC

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