Bank failure · MO
The Farmers State Bank of Barry County, Ex (Exeter, MO) — failed December 13, 1985
The Farmers State Bank of Barry County, Ex of Exeter, Missouri was closed on December 13, 1985 and resolved through a purchase and assumption. Security Bank of Sw Mo (MO) took over its insured deposits. At failure it held $4.2M in assets and $4.1M in deposits. The FDIC's estimated loss on the failure is $1.2M (29.4% of assets).
- Closing date
- December 13, 1985
- FDIC certificate #
- 12460
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Security Bank of Sw Mo
- Insurance fund
- FDIC
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