Bank failure · MO

First Stock Yards Bank (St. Joseph, MO) — failed November 6, 1986

First Stock Yards Bank of St. Joseph, Missouri was closed on November 6, 1986 and resolved through a purchase and assumption. Bank of St Joseph (MO) took over its insured deposits. At failure it held $31.6M in assets and $31.5M in deposits. The FDIC's estimated loss on the failure is $8.7M (27.5% of assets).