FARMERS STATE BANK Failed 1984
What happened
FARMERS STATE BANK of KILGORE, NE was closed on 1984-10-24. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST NB OF VALENTINE (VALENTINE, NE). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 931
- FDIC Certificate
- 8342
- FDIC FIN
- 2426
- Bank name
- FARMERS STATE BANK
- Location
- KILGORE, NE
- Failure date
- 1984-10-24
- FDIC resolution date
- 1984-10-24
- 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.)
- $0M
- Deposits at failure
- $6M
- Assets at failure
- $6M
- Acquiring bank
- FIRST NB OF VALENTINE (VALENTINE, NE)