Bank failure · MO
The Peoples Bank of Mercer (Mercer, MO) — failed April 10, 1986
The Peoples Bank of Mercer of Mercer, Missouri was closed on April 10, 1986 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $10.4M in assets and $10.5M in deposits. The FDIC's estimated loss on the failure is $2.0M (19.1% of assets).
- Closing date
- April 10, 1986
- FDIC certificate #
- 11451
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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