Data / Bank failures / 1987 / Security Bank of Rich Hill
Security Bank of Rich Hill, Rich Hill, MO: received FDIC assistance June 5, 1987
Security Bank of Rich Hill in Rich Hill, Missouri, received open bank assistance from the FDIC on June 5, 1987. It held $13 million in assets and $12.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $225,000 (1.7% of its assets). By assets it was the 192nd largest of 262 banks closed or assisted in 1987.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- June 5, 1987
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Security Bank of Rich Hill, Rich Hill, MO
- Total assets
- $12,966,000
- Total deposits
- $12,729,000
- Estimated cost to the FDIC
- $225,000 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 9806
Other bank failures in Missouri, 1985 to 1989
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| 102 Valley Bank | Hopkins | July 5, 1989 | $5 million | $5 million | $1.7 million | The Nodaway Valley Bank |
| Mid Missouri S & L Assoc. | Boonville | June 29, 1989 | $76.7 million | $67.6 million | $16.6 million | United S&LA |
| Missouri Savings Association | Clayton | June 29, 1989 | $661.1 million | $500.7 million | $48.8 million | Mercantile Bank of ST. Loui |
| Financial Federal Sa | Joplin | April 6, 1989 | $161.4 million | $173.1 million | $44.8 million | Farm & Home Sa |
| Cass FS & La of ST. Louis | Florissant | April 6, 1989 | $52.4 million | $65.8 million | $12.6 million | First Exchange Bank |
| First Fed. S & L of Southeast Mo. | Cape Girardeau | April 6, 1989 | $385.1 million | $332.1 million | $33.4 million | Cape Cty Bank of Cape Girar |
| Blue Valley FS & La | Kansas City | February 17, 1989 | $839.2 million | $820.2 million | $233.1 million | United Missouri City Bank |
| Lakeland State Bank | Camden County | September 1, 1988 | $9.3 million | $9.2 million | $546,346 | Community Bank of the Oz |
All bank failures in 1987 · 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.