Bank failure · MO
Excel Bank (Sedalia, MO) — failed October 19, 2012
Excel Bank of Sedalia, Missouri was closed on October 19, 2012 and resolved through a purchase and assumption. Simmons First National Bank (AR) took over its insured deposits. At failure it held $186.1M in assets and $173.7M in deposits. The FDIC's estimated loss on the failure is $29.6M (15.9% of assets).
- Closing date
- October 19, 2012
- FDIC certificate #
- 19189
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Simmons First National Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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