Bank failure · WI
Badger State Bank (Cassville, WI) — failed February 11, 2011
Badger State Bank of Cassville, Wisconsin was closed on February 11, 2011 and resolved through a purchase and assumption. Royal Bank (WI) took over its insured deposits. At failure it held $83.8M in assets and $78.5M in deposits. The FDIC's estimated loss on the failure is $19.5M (23.2% of assets).
- Closing date
- February 11, 2011
- FDIC certificate #
- 13272
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Royal Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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