TellerScore

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

Other failures in 2012

What happens when a bank fails