Data / Bank failures / 1985 / The Farmers and Merchants State Bank of Ru
The Farmers and Merchants State Bank of Ru, La Crosse, KS: failed November 21, 1985
The Farmers and Merchants State Bank of Ru in La Crosse, Kansas, failed on November 21, 1985. It held $32.6 million in assets and $28.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $10 million (30.8% of its assets). By assets it was the 84th largest of 180 banks closed or assisted in 1985.
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The FDIC's record
- Closed
- November 21, 1985
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $32,647,000
- Total deposits
- $28,914,000
- Estimated cost to the FDIC
- $10,041,530 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- FDIC
- FDIC certificate
- 13160
Other bank failures in Kansas, 1983 to 1987
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Falun State Bank (assistance) | Falun | December 29, 1987 | $3.1 million | $3.1 million | $50,000 | Farmers State Bank |
| The Timken State Bank | Timken | November 19, 1987 | $3.1 million | $3.1 million | $1.3 million | |
| The Alexander State Bank | Alexander | November 19, 1987 | $9.2 million | $9.4 million | $2.3 million | |
| Topeka Savings Association | Topeka | October 20, 1987 | $112.5 million | $104.5 million | ||
| The Mayfield State Bank, Mayfield | Mayfield | September 24, 1987 | $6.8 million | $5.8 million | $2.4 million | First NB in Harper |
| The Murdock State Bank | Murdock | September 24, 1987 | $9.2 million | $8 million | $2.1 million | Farmers STB of Norwich K |
| The Talmage State Bank | Talmage | September 17, 1987 | $6.7 million | $6.7 million | $1.3 million | First National Bank |
| The Benton State Bank | Benton | June 11, 1987 | $9.4 million | $8.8 million | $3 million | First National BANK&TRUS |
All bank failures in 1985 · 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.