Bank failure · MO

The Belle-Bland Bank (Bland, MO) — failed July 2, 1982

The Belle-Bland Bank of Bland, Missouri was closed on July 2, 1982 and resolved through a purchase and assumption. Eagle Bank of Gasconade (MO) took over its insured deposits. At failure it held $4.3M in assets and $3.9M in deposits. The FDIC's estimated loss on the failure is $1.0M (24.1% of assets).