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Data / Bank failures / 1979 / The Farmers State Bank

The Farmers State Bank, Protection, KS: failed September 21, 1979

The Farmers State Bank in Protection, Kansas, failed on September 21, 1979. It held $5 million in assets and $4.7 million in deposits at its last report. By assets it was the 9th largest of 10 banks closed or assisted in 1979.

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The FDIC's record

Closed
September 21, 1979
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$5,038,000
Total deposits
$4,686,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC
FDIC certificate
17377

The FDIC record

Other bank failures in Kansas, 1977 to 1981

BankCityClosedAssetsDepositsEstimated costAcquirer
Citizens State BK of GalenaGalenaNovember 21, 1980$10.3 million$9.4 million$973,774Citizens STB in Galena
The Mission State BK & TR Co.MissionAugust 8, 1980$86.4 million$79.6 million$15 millionMission Bank
The Citizens State BankViolaJune 4, 1980$2 million$1.7 million$6,774

All bank failures in 1979 · 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.