Bank failure · OK
Republic Bank (Oklahoma City, OK) — failed November 19, 1987
Republic Bank of Oklahoma City, Oklahoma was closed on November 19, 1987 and resolved through a purchase and assumption. First Nb in Bartlesville (OK) took over its insured deposits. At failure it held $49.1M in assets and $57.3M in deposits. The FDIC's estimated loss on the failure is $23.0M (46.7% of assets).
- Closing date
- November 19, 1987
- FDIC certificate #
- 18619
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Nb in Bartlesville
- Insurance fund
- FDIC
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