# THE FIRST NATIONAL BANK OF HERINGTON

> **Failed bank** · HERINGTON, KS · failed 1987-04-02 · National commercial bank (OCC-chartered) · FDIC cost $5M

## What happened

THE FIRST NATIONAL BANK OF HERINGTON of HERINGTON, KS was closed by the OCC on **1987-04-02**. The FDIC was named receiver.

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

Deposits were transferred to **BANK OF HERINGTON** (HERINGTON, KS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1406
- **FDIC Certificate:** 4685
- **FDIC FIN:** 2671
- **Bank name:** THE FIRST NATIONAL BANK OF HERINGTON
- **Location:** HERINGTON, KS
- **Failure date:** 1987-04-02
- **FDIC resolution date:** 1987-04-02
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $20M
- **Assets at failure:** $21M
- **Acquiring bank:** BANK OF HERINGTON (HERINGTON, KS)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20FIRST%20NATIONAL%20BANK%20OF%20HERINGTON

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FIRST NATIONAL BANK OF HERINGTON (FDIC ID 1406), failed 1987-04-02. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/1406.

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