Bank failure · MO

Lake National Bank (Lake Ozark, MO) — failed December 13, 1985

Lake National Bank of Lake Ozark, Missouri was closed on December 13, 1985 and resolved through a purchase and assumption. Central Lake State Bank (MO) took over its insured deposits. At failure it held $19.8M in assets and $19.1M in deposits. The FDIC's estimated loss on the failure is $2.1M (10.6% of assets).