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Bank failure · WY

The First National Bank of Sheridan (Sheridan, WY) — failed July 17, 1986

The First National Bank of Sheridan of Sheridan, Wyoming was closed on July 17, 1986 and resolved through a purchase and assumption. First Wyoming Bank-Sheri (WY) took over its insured deposits. At failure it held $69.3M in assets and $63.6M in deposits. The FDIC's estimated loss on the failure is $5.6M (8.0% of assets).

Closing date
July 17, 1986
FDIC certificate #
2230
Resolution
Purchase and assumption (failure)
Acquiring institution
First Wyoming Bank-Sheri
Insurance fund
FDIC

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