Bank failure · MO
Hume Bank (Hume, MO) — failed March 7, 2008
Hume Bank of Hume, Missouri was closed on March 7, 2008 and resolved through a purchase and assumption (insured deposits). Security Bank (MO) took over its insured deposits. At failure it held $18.7M in assets and $13.6M in deposits. The FDIC's estimated loss on the failure is $3.8M (20.1% of assets).
- Closing date
- March 7, 2008
- FDIC certificate #
- 1971
- Resolution
- Purchase and assumption (insured deposits) (failure)
- Acquiring institution
- Security Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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