# THE HOME STATE BANK

> **Failed bank** · RUSSELL, KS · failed 1988-03-03 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $11M

## What happened

THE HOME STATE BANK of RUSSELL, KS was closed by regulators on **1988-03-03**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST NB&T CO OF SALINA** (SALINA, KS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1634
- **FDIC Certificate:** 17726
- **FDIC FIN:** 2791
- **Bank name:** THE HOME STATE BANK
- **Location:** RUSSELL, KS
- **Failure date:** 1988-03-03
- **FDIC resolution date:** 1988-03-03
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $62M
- **Assets at failure:** $60M
- **Acquiring bank:** FIRST NB&T CO OF SALINA (SALINA, KS)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20HOME%20STATE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE HOME STATE BANK (FDIC ID 1634), failed 1988-03-03. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1634.

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