Bank failure · OK
Capitol Bank & Trust (Oklahoma City, OK) — failed August 16, 1990
Capitol Bank & Trust of Oklahoma City, Oklahoma was closed on August 16, 1990 and resolved through a purchase and assumption. First Fidelity Bank, Nation (OK) took over its insured deposits. At failure it held $33.1M in assets and $32.5M in deposits. The FDIC's estimated loss on the failure is $4.1M (12.3% of assets).
- Closing date
- August 16, 1990
- FDIC certificate #
- 18290
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Fidelity Bank, Nation
- Insurance fund
- BIF
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