# FIRST MIDWEST BANK

> **Failed bank** · MARYVILLE, MO · failed 1987-06-18 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

FIRST MIDWEST BANK of MARYVILLE, MO was closed by regulators on **1987-06-18**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FIRST BANK OF MARYVILLE** (MARYVILLE, MO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1454
- **FDIC Certificate:** 1947
- **FDIC FIN:** 2699
- **Bank name:** FIRST MIDWEST BANK
- **Location:** MARYVILLE, MO
- **Failure date:** 1987-06-18
- **FDIC resolution date:** 1987-06-18
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $26M
- **Assets at failure:** $26M
- **Acquiring bank:** FIRST BANK OF MARYVILLE (MARYVILLE, MO)

## Other banks FIRST BANK OF MARYVILLE has acquired in FDIC resolutions

- FARMERS & MERCHANTS BANK OF ELMO (ELMO, MO) — failed 1988-08-04 — /failed-bank/1849

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20MIDWEST%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST MIDWEST BANK (FDIC ID 1454), failed 1987-06-18. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/1454.

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