Data / Bank failures / 1987 / The First National Bank of Herington
The First National Bank of Herington, Herington, KS: failed April 2, 1987
The First National Bank of Herington in Herington, Kansas, failed on April 2, 1987. Bank of Herington of Herington, KS, took over its deposits. It held $20.7 million in assets and $19.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $4.9 million (23.8% of its assets). By assets it was the 143rd largest of 262 banks closed or assisted in 1987.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- April 2, 1987
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Bank of Herington, Herington, KS
- Total assets
- $20,742,000
- Total deposits
- $19,866,000
- Estimated cost to the FDIC
- $4,928,178 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
- FDIC certificate
- 4685
Other bank failures in Kansas, 1985 to 1989
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Garnett S & L Assoc. | Garnett | December 7, 1989 | $13.6 million | $14.5 million | $794,302 | Farmers State Bank |
| Mid Kansas S & La Assoc. | Wichita | October 19, 1989 | $761.9 million | $595.6 million | $72.8 million | |
| The Burr Oak State Bank | Burr Oak | August 31, 1989 | $4.4 million | $4.1 million | $457,197 | First National Bank in Mank |
| Peoples Heritage FS & La | Salina | August 10, 1989 | $1.81 billion | $1.47 billion | $707 million | |
| Barnard State Bank | Barnard | August 3, 1989 | $5 million | $5.1 million | $976,267 | Saline Valley Bank |
| First National Bank at Oswego | Oswego | May 18, 1989 | $24 million | $23.3 million | $1.9 million | Parsons Commercial Bank |
| First of Kansas Savings | Hays | April 6, 1989 | $53.9 million | $46.2 million | $6 million | First NB&T |
| The Farmers State Bank, Bogue | Bogue | March 16, 1989 | $8 million | $8 million | $1.7 million | Farmers & Merchants Bank of |
All bank failures in 1987 · 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.