Data / Bank failures / 1984 / The Farmers State Bank
The Farmers State Bank, Selden, KS: failed December 20, 1984
The Farmers State Bank in Selden, Kansas, failed on December 20, 1984. Selden State Bank of Selden, KS, took over its deposits. It held $14.6 million in assets and $13.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $8 million (55% of its assets). By assets it was the 77th largest of 106 banks closed or assisted in 1984.
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The FDIC's record
- Closed
- December 20, 1984
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Selden State Bank, Selden, KS
- Total assets
- $14,578,000
- Total deposits
- $13,697,000
- Estimated cost to the FDIC
- $8,023,705 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 17700
Other bank failures in Kansas, 1982 to 1986
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Hays State Bank | Hays | December 4, 1986 | $27.8 million | $32.3 million | $15.5 million | Farmers State BANK&TRUST |
| The Hoxie State Bank | Hoxie | November 13, 1986 | $35.8 million | $33.4 million | $9 million | Prairie State Bank |
| The Home State Bank | La Crosse | September 25, 1986 | $14.7 million | $13.6 million | $5.5 million | Farmers B&T NA |
| Reserve S&LA (assistance) | Witchita | August 27, 1986 | $21.5 million | $27.1 million | $8.2 million | Mid-Continent FS&LA |
| United Bank of Minneapolis | Minneapolis | August 21, 1986 | $22.7 million | $22.1 million | $2.4 million | Bennington State Bank |
| State Bank of Westphalia (assistance) | Westphalia | August 15, 1986 | $4.8 million | $4.7 million | Kansas State Bank | |
| The State Exchange Bank | Yates Center | August 14, 1986 | $27.8 million | $26.7 million | $7.5 million | Girard National Bank |
| The Easton State Bank | Eston | August 7, 1986 | $17.2 million | $17.2 million | $3.7 million | Fort National Bank |
All bank failures in 1984 · 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.