Bank failure · OK
American National Bank (Elk City, OK) — failed June 28, 1990
American National Bank of Elk City, Oklahoma was closed on June 28, 1990 and resolved through a purchase and assumption. First Community Bank (OK) took over its insured deposits. At failure it held $14.8M in assets and $14.8M in deposits. The FDIC's estimated loss on the failure is $1.4M (9.2% of assets).
- Closing date
- June 28, 1990
- FDIC certificate #
- 26180
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Community Bank
- Insurance fund
- BIF
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