THE HOME STATE BANK Failed 1986
What happened
THE HOME STATE BANK of LA CROSSE, KS was closed on 1986-09-25. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FARMERS B&T NA (ALBERT, KS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1279
- FDIC Certificate
- 16861
- FDIC FIN
- 2600
- Bank name
- THE HOME STATE BANK
- Location
- LA CROSSE, KS
- Failure date
- 1986-09-25
- FDIC resolution date
- 1986-09-25
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $14M
- Assets at failure
- $15M
- Acquiring bank
- FARMERS B&T NA (ALBERT, KS)