Bank failure · OK
Commercial Bank, N.A. (Oklahoma City, OK) — failed October 16, 1987
Commercial Bank, N.A. of Oklahoma City, Oklahoma was closed on October 16, 1987 and resolved through a a/a. Commercial Bank, N.A. (OK) took over its insured deposits. At failure it held $23.4M in assets and $21.7M in deposits. The FDIC's estimated loss on the failure is $4.5M (19.2% of assets).
- Closing date
- October 16, 1987
- FDIC certificate #
- 23473
- Resolution
- A/A (assistance)
- Acquiring institution
- Commercial Bank, N.A.
- Insurance fund
- FDIC
- Pre-failure filings
- Last reported financials
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