Bank failure · WI

Bank of Wausau (Wausau, WI) — failed August 9, 2013

Bank of Wausau of Wausau, Wisconsin was closed on August 9, 2013 and resolved through a purchase and assumption. Nicolet National Bank (WI) took over its insured deposits. At failure it held $43.6M in assets and $40.7M in deposits. The FDIC's estimated loss on the failure is $13.4M (30.8% of assets).