Bank failure · MO

Metro North State Bank (Kansas City, MO) — failed November 13, 1992

Metro North State Bank of Kansas City, Missouri was closed on November 13, 1992 and resolved through a purchase and assumption (insured deposits). Boatmen'S First Nb of Kc (MO) took over its insured deposits. At failure it held $472.5M in assets and $493.8M in deposits. The FDIC's estimated loss on the failure is $159.5M (33.8% of assets).