Bank failure · OK
North Side State Bank (Tulsa, OK) — failed December 14, 1989
North Side State Bank of Tulsa, Oklahoma was closed on December 14, 1989 and resolved through a purchase and assumption. Bank of Tulsa (OK) took over its insured deposits. At failure it held $20.4M in assets and $21.4M in deposits. The FDIC's estimated loss on the failure is $4.5M (22.2% of assets).
- Closing date
- December 14, 1989
- FDIC certificate #
- 17861
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank of Tulsa
- Insurance fund
- BIF
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