Bank failure · OK
The First National Bk & Tr Co. of Norman (Norman, OK) — failed May 29, 1986
The First National Bk & Tr Co. of Norman of Norman, Oklahoma was closed on May 29, 1986 and resolved through a insured deposit transfer. Liberty Nb&t Co of Ok Ci (OK) took over its insured deposits. At failure it held $73.2M in assets and $75.7M in deposits. The FDIC's estimated loss on the failure is $28.7M (39.3% of assets).
- Closing date
- May 29, 1986
- FDIC certificate #
- 4157
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Liberty Nb&t Co of Ok Ci
- Insurance fund
- FDIC
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