# FARMERS STATE BANK

> **Failed bank** · KILGORE, NE · failed 1984-10-24 · State commercial bank, non-Federal Reserve member (FDIC-supervised)

## What happened

FARMERS STATE BANK of KILGORE, NE was closed by regulators 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
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $6M
- **Assets at failure:** $6M
- **Acquiring bank:** FIRST NB OF VALENTINE (VALENTINE, NE)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FARMERS STATE BANK (FDIC ID 931), failed 1984-10-24. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/931.

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