THE BAZINE STATE BANK Failed 1990

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

What happened

THE BAZINE STATE BANK of BAZINE, KS was closed on 1990-04-12. The FDIC was named receiver.

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

Deposits were transferred to FARMERS BANK & TRUST, NATIO (GREAT BEND, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2723
FDIC Certificate
15869
FDIC FIN
4179
Bank name
THE BAZINE STATE BANK
Location
BAZINE, KS
Failure date
1990-04-12
FDIC resolution date
1990-04-12
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.)
$2M
Deposits at failure
$17M
Assets at failure
$17M
Acquiring bank
FARMERS BANK & TRUST, NATIO (GREAT BEND, KS)