Bank failure · AL
First State Bank of Atmore (Atmore, AL) — failed February 19, 1987
First State Bank of Atmore of Atmore, Alabama was closed on February 19, 1987 and resolved through a purchase and assumption. First Nb of Atmore (AL) took over its insured deposits. At failure it held $12.4M in assets and $12.4M in deposits.
- Closing date
- February 19, 1987
- FDIC certificate #
- 24990
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Nb of Atmore
- Insurance fund
- FDIC
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