Bank failure · KS
The Mission State Bk & Tr Co. (Mission, KS) — failed August 8, 1980
The Mission State Bk & Tr Co. of Mission, Kansas was closed on August 8, 1980 and resolved through a purchase and assumption. Mission Bank (KS) took over its insured deposits. At failure it held $86.4M in assets and $79.6M in deposits. The FDIC's estimated loss on the failure is $15.0M (17.3% of assets).
- Closing date
- August 8, 1980
- FDIC certificate #
- 1368
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Mission Bank
- Insurance fund
- FDIC
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