Bank failure · MO

Bollinger County Bank (Lutesville, MO) — failed December 10, 1982

Bollinger County Bank of Lutesville, Missouri was closed on December 10, 1982 and resolved through a purchase and assumption. Security Bk Bollinger Cn (MO) took over its insured deposits. At failure it held $15.9M in assets and $14.6M in deposits. The FDIC's estimated loss on the failure is $1.6M (10.0% of assets).