Bank failure · MO
Truman Bank (St. Louis, MO) — failed September 14, 2012
Truman Bank of St. Louis, Missouri was closed on September 14, 2012 and resolved through a purchase and assumption. Simmons First National Bank (AR) took over its insured deposits. At failure it held $282.3M in assets and $245.7M in deposits. The FDIC's estimated loss on the failure is $39.5M (14.0% of assets).
- Closing date
- September 14, 2012
- FDIC certificate #
- 27316
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Simmons First National Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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