# THE FARMERS & MERCHANTS BK OF HILL CITY

> **Failed bank** · HILL CITY, KS · failed 1988-02-18 · State commercial bank, Federal Reserve member · FDIC cost $5M

## What happened

THE FARMERS & MERCHANTS BK OF HILL CITY of HILL CITY, KS was closed by state regulators on **1988-02-18**. The FDIC was named receiver.

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

Deposits were transferred to **FARMERS&MERCHANTS BK HIL** (HILL CITY, KS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1629
- **FDIC Certificate:** 15862
- **FDIC FIN:** 2787
- **Bank name:** THE FARMERS & MERCHANTS BK OF HILL CITY
- **Location:** HILL CITY, KS
- **Failure date:** 1988-02-18
- **FDIC resolution date:** 1988-02-18
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $17M
- **Assets at failure:** $16M
- **Acquiring bank:** FARMERS&MERCHANTS BK HIL (HILL CITY, KS)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20FARMERS%20%26%20MERCHANTS%20BK%20OF%20HILL%20CITY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FARMERS & MERCHANTS BK OF HILL CITY (FDIC ID 1629), failed 1988-02-18. Retrieved via AI Analytics 2026-05-23 from https://api.ai-analytics.org/failed-bank/1629.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*