THE DILL STATE BANK Failed 1985
What happened
THE DILL STATE BANK of DILL CITY, OK was closed on 1985-11-21. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to HOME STATE BANK (HOBART, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1098
- FDIC Certificate
- 2306
- FDIC FIN
- 2515
- Bank name
- THE DILL STATE BANK
- Location
- DILL CITY, OK
- Failure date
- 1985-11-21
- FDIC resolution date
- 1985-11-21
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $7M
- Deposits at failure
- $14M
- Assets at failure
- $15M
- Acquiring bank
- HOME STATE BANK (HOBART, OK)
Other banks HOME STATE BANK acquired in FDIC resolutions