TellerScore

Bank failure · OK

First Capital Bank (Kingfisher, OK) — failed June 8, 2012

First Capital Bank of Kingfisher, Oklahoma was closed on June 8, 2012 and resolved through a purchase and assumption. F & M Bank (OK) took over its insured deposits. At failure it held $44.4M in assets and $44.8M in deposits. The FDIC's estimated loss on the failure is $8.7M (19.6% of assets).

Closing date
June 8, 2012
FDIC certificate #
416
Resolution
Purchase and assumption (failure)
Acquiring institution
F & M Bank
Insurance fund
DIF
Pre-failure filings
Last reported financials

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What happens when a bank fails