Bank failure · OK

The First Nat Bk & Tr Co. of Oklahoma (Oklahoma City, OK) — failed July 14, 1986

The First Nat Bk & Tr Co. of Oklahoma of Oklahoma City, Oklahoma was closed on July 14, 1986 and resolved through a purchase and assumption. First Intrst Bk Ok Cty N (OK) took over its insured deposits. At failure it held $1.8B in assets and $1.3B in deposits. The FDIC's estimated loss on the failure is $220.7M (12.6% of assets).