Bank failure · MO
Premier Bank (Jefferson City, MO) — failed October 15, 2010
Premier Bank of Jefferson City, Missouri was closed on October 15, 2010 and resolved through a purchase and assumption. Providence Bank (MO) took over its insured deposits. At failure it held $989.4M in assets and $869.4M in deposits. The FDIC's estimated loss on the failure is $308.5M (31.2% of assets).
- Closing date
- October 15, 2010
- FDIC certificate #
- 34016
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Providence Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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