Bank failure · MO
First Midwest Bank (Maryville, MO) — failed June 18, 1987
First Midwest Bank of Maryville, Missouri was closed on June 18, 1987 and resolved through a purchase and assumption. First Bank of Maryville (MO) took over its insured deposits. At failure it held $25.6M in assets and $25.7M in deposits. The FDIC's estimated loss on the failure is $1.8M (7.1% of assets).
- Closing date
- June 18, 1987
- FDIC certificate #
- 1947
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Bank of Maryville
- Insurance fund
- FDIC
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