Bank failure · IL

National State Bank of Metropolis (Metropolis, IL) — failed December 14, 2000

National State Bank of Metropolis of Metropolis, Illinois was closed on December 14, 2000 and resolved through a purchase and assumption (insured deposits). Banterra Bank (IL) took over its insured deposits. At failure it held $90.4M in assets and $71.3M in deposits. The FDIC's estimated loss on the failure is $2.7M (3.0% of assets).