Bank failure · IL

First Bank and Trust (Harrisburg, IL) — failed September 16, 1991

First Bank and Trust of Harrisburg, Illinois was closed on September 16, 1991 and resolved through a a/a. First Bank and Trust (IL) took over its insured deposits. At failure it held $26.6M in assets and $26.2M in deposits. The FDIC's estimated loss on the failure is $627K (2.4% of assets).