TellerScore

Bank failure · MO

Bank of Leeton (Leeton, MO) — failed January 22, 2010

Bank of Leeton of Leeton, Missouri was closed on January 22, 2010 and resolved through a purchase and assumption. Sunflower Bank (KS) took over its insured deposits. At failure it held $20.1M in assets and $20.3M in deposits. The FDIC's estimated loss on the failure is $7.1M (35.2% of assets).

Closing date
January 22, 2010
FDIC certificate #
8265
Resolution
Purchase and assumption (failure)
Acquiring institution
Sunflower Bank
Insurance fund
DIF
Pre-failure filings
Last reported financials

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What happens when a bank fails