Bank failure · MO
Farmers & Merchants Bank of Huntsville (Huntsville, MO) — failed March 28, 1986
Farmers & Merchants Bank of Huntsville of Huntsville, Missouri was closed on March 28, 1986 and resolved through a insured deposit transfer. City B&t Co of Moberly (MO) took over its insured deposits. At failure it held $16.6M in assets and $17.6M in deposits. The FDIC's estimated loss on the failure is $4.7M (28.4% of assets).
- Closing date
- March 28, 1986
- FDIC certificate #
- 14389
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- City B&t Co of Moberly
- Insurance fund
- FDIC
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