Bank failure · OK
American National Bank (Durant, OK) — failed February 25, 1987
American National Bank of Durant, Oklahoma was closed on February 25, 1987 and resolved through a a/a. First American National Bank (OK) took over its insured deposits. At failure it held $9.7M in assets and $10.2M in deposits. The FDIC's estimated loss on the failure is $1.1M (10.9% of assets).
- Closing date
- February 25, 1987
- FDIC certificate #
- 24068
- Resolution
- A/A (assistance)
- Acquiring institution
- First American National Bank
- Insurance fund
- FDIC
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