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Data / Bank failures / 1970 / First State Bank of Bonne Terre

First State Bank of Bonne Terre, Bonne Terre, MO: failed August 24, 1970

First State Bank of Bonne Terre in Bonne Terre, Missouri, failed on August 24, 1970. It held $8 million in assets and $7.1 million in deposits at its last report. By assets it was the 4th largest of 7 banks closed or assisted in 1970.

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The FDIC's record

Closed
August 24, 1970
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total assets
$8,003,000
Total deposits
$7,118,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC
FDIC certificate
12227

The FDIC record

Other bank failures in Missouri, 1968 to 1972

BankCityClosedAssetsDepositsEstimated costAcquirer
First Community State Bank of SavannahSavannahDecember 30, 1971$3.7 million$3.5 million

All bank failures in 1970 · All bank failures in Missouri · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.