THE HOXIE STATE BANK Failed 1986

HOXIE, KS · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE HOXIE STATE BANK of HOXIE, KS was closed on 1986-11-13. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to PRAIRIE STATE BANK (HOXIE, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1305
FDIC Certificate
13570
FDIC FIN
2615
Bank name
THE HOXIE STATE BANK
Location
HOXIE, KS
Failure date
1986-11-13
FDIC resolution date
1986-11-13
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.)
$9M
Deposits at failure
$33M
Assets at failure
$36M
Acquiring bank
PRAIRIE STATE BANK (HOXIE, KS)