Bank failure · OK
The First National Bank of Hammon (Hammon, OK) — failed September 3, 1987
The First National Bank of Hammon of Hammon, Oklahoma was closed on September 3, 1987 and resolved through a insured deposit transfer. American National Bank (OK) took over its insured deposits. At failure it held $6.3M in assets and $5.8M in deposits. The FDIC's estimated loss on the failure is $1.6M (25.2% of assets).
- Closing date
- September 3, 1987
- FDIC certificate #
- 4108
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- American National Bank
- Insurance fund
- FDIC
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