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Bank failure · MO

Security Bank of Rich Hill (Rich Hill, MO) — failed June 5, 1987

Security Bank of Rich Hill of Rich Hill, Missouri was closed on June 5, 1987 and resolved through a a/a. Security Bank of Rich Hill (MO) took over its insured deposits. At failure it held $13.0M in assets and $12.7M in deposits. The FDIC's estimated loss on the failure is $225K (1.7% of assets).

Closing date
June 5, 1987
FDIC certificate #
9806
Resolution
A/A (assistance)
Acquiring institution
Security Bank of Rich Hill
Insurance fund
FDIC
Pre-failure filings
Last reported financials

Other failures in 1987

What happens when a bank fails