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Bank failure · OK

Community Bk & Tr Co. (Enid, OK) — failed September 14, 1984

Community Bk & Tr Co. of Enid, Oklahoma was closed on September 14, 1984 and resolved through a purchase and assumption. First Nb&t Co of Enid (OK) took over its insured deposits. At failure it held $32.2M in assets and $28.0M in deposits. The FDIC's estimated loss on the failure is $10.8M (33.4% of assets).

Closing date
September 14, 1984
FDIC certificate #
19119
Resolution
Purchase and assumption (failure)
Acquiring institution
First Nb&t Co of Enid
Insurance fund
FDIC

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