Bank failure · OK

First Nb of Lindsay (Lindsay, OK) — failed October 18, 2024

First Nb of Lindsay of Lindsay, Oklahoma was closed on October 18, 2024 and resolved through a purchase and assumption (insured deposits). First Bank & Trust Co. (OK) took over its insured deposits. At failure it held $107.8M in assets and $97.5M in deposits. The FDIC's estimated loss on the failure is $45.1M (41.8% of assets).