TellerScore

Bank failure · MO

Princeton State Bank (Princeton, MO) — failed December 19, 1985

Princeton State Bank of Princeton, Missouri was closed on December 19, 1985 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $18.4M in assets and $16.8M in deposits. The FDIC's estimated loss on the failure is $5.8M (31.7% of assets).

Closing date
December 19, 1985
FDIC certificate #
8299
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

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What happens when a bank fails