by Calculated Risk on 8/12/2011 06:14:00 PM

Relentless Summer
Dehydrated Kansas Bank
Feds tilling under
by Soylent Green is People
From the FDIC: Enterprise Bank & Trust, Clayton, Missouri, Assumes All of the Deposits of First National Bank of Olathe, Olathe, Kansas

As of June 30, 2011, First National Bank of Olathe had approximately $538.1 million in total assets and $524.3 million in total deposits. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $116.6 million. ... First National Bank of Olathe is the 64th FDIC-insured institution to fail in the nation this year, and the first in Kansas.

"It's Friday, Friday ... Everybody's lookin' forward to the weekend, weekend ..." Rebecca Black