Bank failure · OK

Home S&la (Bartlesville, OK) — failed August 31, 1988

Home S&la of Bartlesville, Oklahoma was closed on August 31, 1988 and resolved through a assisted merger. Cimarron Fs&la (OK) took over its insured deposits. At failure it held $173.5M in assets and $205.1M in deposits. The FDIC's estimated loss on the failure is $84.1M (48.5% of assets).