Bank failure · ND

First National Bk of Carrington (Carrington, ND) — failed February 12, 1980

First National Bk of Carrington of Carrington, North Dakota was closed on February 12, 1980 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $12.4M in assets and $11.2M in deposits. The FDIC's estimated loss on the failure is $221K (1.8% of assets).