Bank failure · MO

Missouri Farmers Bank (Mound City, MO) — failed October 2, 1986

Missouri Farmers Bank of Mound City, Missouri was closed on October 2, 1986 and resolved through a purchase and assumption. United Mo Bank of St Jos (MO) took over its insured deposits. At failure it held $26.0M in assets and $25.4M in deposits. The FDIC's estimated loss on the failure is $7.2M (27.8% of assets).