Bank failure · OK

First City Bank, N.A. (Oklahoma City, OK) — failed June 21, 1985

First City Bank, N.A. of Oklahoma City, Oklahoma was closed on June 21, 1985 and resolved through a purchase and assumption. City Bank&trust (OK) took over its insured deposits. At failure it held $97.8M in assets and $92.7M in deposits. The FDIC's estimated loss on the failure is $32.6M (33.3% of assets).