Data / Bank failures / 2017 / The Farmers and Merchants State Bank of Argonia
The Farmers and Merchants State Bank of Argonia, Argonia, KS: failed October 13, 2017
The Farmers and Merchants State Bank of Argonia in Argonia, Kansas, failed on October 13, 2017. Conway Bank of Conway Springs, KS, took over its deposits. It held $33 million in assets and $27.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $280,365 (0.8% of its assets). By assets it was the 8th largest of 8 banks closed or assisted in 2017.
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The FDIC's record
- Closed
- October 13, 2017
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Conway Bank, Conway Springs, KS
- Total assets
- $33,012,000
- Total deposits
- $27,466,000
- Estimated cost to the FDIC
- $280,365 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 17719
All bank failures in 2017 · All bank failures in Kansas · 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.