FIRST STATE BANK OF FOREST CITY Failed 1987

FOREST CITY, MO · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

FIRST STATE BANK OF FOREST CITY of FOREST CITY, MO was closed on 1987-04-16. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1415
FDIC Certificate
16291
FDIC FIN
6845
Bank name
FIRST STATE BANK OF FOREST CITY
Location
FOREST CITY, MO
Failure date
1987-04-16
FDIC resolution date
1987-04-16
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
FDIC DIF cost (est.)
$2M
Deposits at failure
$7M
Assets at failure
$6M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions