Bank failure · KS
Thunder Bank (Sylvan Grove, KS) — failed July 23, 2010
Thunder Bank of Sylvan Grove, Kansas was closed on July 23, 2010 and resolved through a purchase and assumption. The Bennington State Bank (KS) took over its insured deposits. At failure it held $28.2M in assets and $27.0M in deposits. The FDIC's estimated loss on the failure is $6.7M (23.5% of assets).
- Closing date
- July 23, 2010
- FDIC certificate #
- 10506
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- The Bennington State Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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