Bank failure · OK
Bank of Commerce & Trust Company (Tulsa, OK) — failed May 8, 1986
Bank of Commerce & Trust Company of Tulsa, Oklahoma was closed on May 8, 1986 and resolved through a purchase and assumption. First Nb&t Co of Tulsa (OK) took over its insured deposits. At failure it held $182.7M in assets and $154.3M in deposits. The FDIC's estimated loss on the failure is $52.9M (29.0% of assets).
- Closing date
- May 8, 1986
- FDIC certificate #
- 4215
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Nb&t Co of Tulsa
- Insurance fund
- FDIC
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