Bank failure · MO
First State Bank of Forest City (Forest City, MO) — failed April 16, 1987
First State Bank of Forest City of Forest City, Missouri was closed on April 16, 1987 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $6.5M in assets and $6.8M in deposits. The FDIC's estimated loss on the failure is $1.8M (27.2% of assets).
- Closing date
- April 16, 1987
- FDIC certificate #
- 16291
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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