FARMERS & MERCHANTS BANK OF HUNTSVILLE Failed 1986
What happened
FARMERS & MERCHANTS BANK OF HUNTSVILLE of HUNTSVILLE, MO was closed on 1986-03-28. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to CITY B&T CO OF MOBERLY (MOBERLY, MO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1168
- FDIC Certificate
- 14389
- FDIC FIN
- 6672
- Bank name
- FARMERS & MERCHANTS BANK OF HUNTSVILLE
- Location
- HUNTSVILLE, MO
- Failure date
- 1986-03-28
- FDIC resolution date
- 1986-03-28
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $18M
- Assets at failure
- $17M
- Acquiring bank
- CITY B&T CO OF MOBERLY (MOBERLY, MO)