Bank failure · OK

First National Bank of Del City (Del City, OK) — failed March 25, 1988

First National Bank of Del City of Del City, Oklahoma was closed on March 25, 1988 and resolved through a insured deposit transfer. Lincoln National Bank (OK) took over its insured deposits. At failure it held $30.9M in assets and $28.1M in deposits. The FDIC's estimated loss on the failure is $9.0M (29.0% of assets).