PREMIER BANK Failed 2010

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

What happened

PREMIER BANK of JEFFERSON CITY, MO was closed on 2010-10-15. The FDIC was named receiver.

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

Deposits were transferred to PROVIDENCE BANK (COLUMBIA, MO). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3864
FDIC Certificate
34016
FDIC FIN
10297
Bank name
PREMIER BANK
Location
JEFFERSON CITY, MO
Failure date
2010-10-15
FDIC resolution date
2010-10-15
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$309M
Deposits at failure
$869M
Assets at failure
$989M
Acquiring bank
PROVIDENCE BANK (COLUMBIA, MO)