Bank failure · OK

Capitol FSB (Oklahoma City, OK) — failed August 31, 1988

Capitol FSB of Oklahoma City, Oklahoma was closed on August 31, 1988 and resolved through a a/a. Arrowhead Fs&la (OK) took over its insured deposits. At failure it held $117.4M in assets and $112.4M in deposits. The FDIC's estimated loss on the failure is $35.6M (30.3% of assets).