Data / Bank failures / 2009 / Teambank, N.A.
Teambank, N.A., Paola, KS: failed March 20, 2009
Teambank, N.A. in Paola, Kansas, failed on March 20, 2009. Great Southern Bank of Springfield, MO, took over its deposits. It held $669.8 million in assets and $532.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $134.6 million (20.1% of its assets). By assets it was the 45th largest of 148 banks closed or assisted in 2009.
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The FDIC's record
- Closed
- March 20, 2009
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Great Southern Bank, Springfield, MO
- Total assets
- $669,830,000
- Total deposits
- $532,520,000
- Estimated cost to the FDIC
- $134,592,589 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- DIF
- FDIC certificate
- 4754
Other bank failures in Kansas, 2007 to 2011
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The First National Bank of Olathe | Olathe | August 12, 2011 | $538.1 million | $524.3 million | $103.3 million | Enterprise Bank & Trust |
| Hillcrest Bank | Overland Park | October 22, 2010 | $1.58 billion | $1.49 billion | $275.3 million | Hillcrest Bank, N.A. |
| Security Savings Bank, F.S.B. | Olathe | October 15, 2010 | $453.3 million | $347.1 million | $53.1 million | Simmons First National Bank |
| Thunder Bank | Sylvan Grove | July 23, 2010 | $28.2 million | $27 million | $6.7 million | The Bennington State Bank |
| Solutionsbank | Overland Park | December 11, 2009 | $511.1 million | $421.3 million | $93.4 million | Arvest Bank |
| First National Bank of Anthony | Anthony | June 19, 2009 | $157 million | $142.6 million | $33.2 million | Bank of Kansas |
| The Columbian Bank and Trust Company | Topeka | August 22, 2008 | $735.1 million | $620.4 million | $334.3 million | Citizens Bank and Trust Company |
Other failed banks Great Southern Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Valley Bank | Moline | IL | June 20, 2014 | $456.4 million | $360 million | $47.8 million | Great Southern Bank |
| Inter Savings Bank, FSB D/b/a/ Interbank, FSB | Maple Grove | MN | April 27, 2012 | $463.8 million | $458.1 million | $79.7 million | Great Southern Bank |
| Sun Security Bank | Ellington | MO | October 7, 2011 | $351.5 million | $280.6 million | $93.1 million | Great Southern Bank |
| Vantus Bank | Sioux City | IA | September 4, 2009 | $503.6 million | $394.4 million | $101.6 million | Great Southern Bank |
All bank failures in 2009 · All bank failures in Kansas · Every failed bank Great Southern Bank took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.