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Bank failure · TN

The Dayton Bk & Tr Co. (Dayton, TN) — failed November 30, 1984

The Dayton Bk & Tr Co. of Dayton, Tennessee was closed on November 30, 1984 and resolved through a insured deposit transfer. First National Bank&trus (TN) took over its insured deposits. At failure it held $51.4M in assets and $50.0M in deposits. The FDIC's estimated loss on the failure is $6.3M (12.3% of assets).

Closing date
November 30, 1984
FDIC certificate #
2378
Resolution
Insured deposit transfer (failure)
Acquiring institution
First National Bank&trus
Insurance fund
FDIC

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