TRUMAN BANK Failed 2012
What happened
TRUMAN BANK of ST. LOUIS, MO was closed on 2012-09-14. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to SIMMONS FIRST NATIONAL BANK (PINE BLUFF, AR). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 4024
- FDIC Certificate
- 27316
- FDIC FIN
- 10458
- Bank name
- TRUMAN BANK
- Location
- ST. LOUIS, MO
- Failure date
- 2012-09-14
- FDIC resolution date
- 2012-09-14
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $39M
- Deposits at failure
- $246M
- Assets at failure
- $282M
- Acquiring bank
- SIMMONS FIRST NATIONAL BANK (PINE BLUFF, AR)
Other banks SIMMONS FIRST NATIONAL BANK acquired in FDIC resolutions