Data / Bank failures / 2010 / Premier Bank
Premier Bank, Jefferson City, MO: failed October 15, 2010
Premier Bank in Jefferson City, Missouri, failed on October 15, 2010. Providence Bank of Columbia, MO, took over its deposits. It held $989.4 million in assets and $869.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $308.5 million (31.2% of its assets). By assets it was the 20th largest of 157 banks closed or assisted in 2010.
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The FDIC's record
- Closed
- October 15, 2010
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Providence Bank, Columbia, MO
- Total assets
- $989,382,000
- Total deposits
- $869,367,000
- Estimated cost to the FDIC
- $308,543,479 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 34016
Other bank failures in Missouri, 2008 to 2012
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Community Bank of the Ozarks | Sunrise | December 14, 2012 | $42.8 million | $41.9 million | $13.4 million | Bank of Sullivan |
| Excel Bank | Sedalia | October 19, 2012 | $186.1 million | $173.7 million | $29.6 million | Simmons First National Bank |
| Truman Bank | ST. Louis | September 14, 2012 | $282.3 million | $245.7 million | $39.5 million | Simmons First National Bank |
| Glasgow Savings Bank | Glasgow | July 13, 2012 | $22.3 million | $21.8 million | $1.4 million | Regional Missouri Bank |
| Sun Security Bank | Ellington | October 7, 2011 | $351.5 million | $280.6 million | $93.1 million | Great Southern Bank |
| Westbridge Bank and Trust Company | Chesterfield | October 15, 2010 | $87.8 million | $70.1 million | $22.4 million | Midland States Bank |
| Southwest Community Bank | Springfield | May 14, 2010 | $100.7 million | $102.5 million | $25.6 million | Simmons First National Bank |
| Champion Bank | Creve Coeur | April 30, 2010 | $195.5 million | $162.8 million | $57.1 million | Bankliberty |
All bank failures in 2010 · 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.