by Calculated Risk on 9/14/2012 06:13:00 PM

Missouri wisdom
Presidential paraphrase
“The buck won’t stop here”.
by Soylent Green is People
From the FDIC: Simmons First National Bank, Pine Bluff, Arkansas, Assumes All of the Deposits of Truman Bank, Saint Louis, Missouri

As of June 30, 2012, Truman Bank had approximately $282.3 million in total assets and $245.7 million in total deposits ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $34.0 million. ... Truman Bank is the 42nd FDIC-insured institution to fail in the nation this year, and the second in Missouri.

Friday is here!