Bank failure · KS
The Timken State Bank (Timken, KS) — failed November 19, 1987
The Timken State Bank of Timken, Kansas was closed on November 19, 1987 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $3.1M in assets and $3.1M in deposits. The FDIC's estimated loss on the failure is $1.3M (41.4% of assets).
- Closing date
- November 19, 1987
- FDIC certificate #
- 13620
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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