Bank failure · KS
The Talmage State Bank (Talmage, KS) — failed September 17, 1987
The Talmage State Bank of Talmage, Kansas was closed on September 17, 1987 and resolved through a purchase and assumption. First National Bank (KS) took over its insured deposits. At failure it held $6.7M in assets and $6.7M in deposits. The FDIC's estimated loss on the failure is $1.3M (19.4% of assets).
- Closing date
- September 17, 1987
- FDIC certificate #
- 13925
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First National Bank
- Insurance fund
- FDIC
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