MIDLAND BANK OF KANSAS Failed 1993
What happened
MIDLAND BANK OF KANSAS of MISSION, KS was closed on 1993-04-02. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to BANK IV KANSAS NATIONAL (WICHITA, KS). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3445
- FDIC Certificate
- 19444
- FDIC FIN
- 4572
- Bank name
- MIDLAND BANK OF KANSAS
- Location
- MISSION, KS
- Failure date
- 1993-04-02
- FDIC resolution date
- 1993-04-02
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $13M
- Deposits at failure
- $121M
- Assets at failure
- $124M
- Acquiring bank
- BANK IV KANSAS NATIONAL (WICHITA, KS)