Bank failure · MO
Missouri Delta Bank (Hayti, MO) — failed August 28, 1985
Missouri Delta Bank of Hayti, Missouri was closed on August 28, 1985 and resolved through a purchase and assumption. Bank of Hayti (MO) took over its insured deposits. At failure it held $9.1M in assets and $8.1M in deposits. The FDIC's estimated loss on the failure is $1.4M (15.0% of assets).
- Closing date
- August 28, 1985
- FDIC certificate #
- 19574
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank of Hayti
- Insurance fund
- FDIC
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