# LAKE NATIONAL BANK

> **Failed bank** · LAKE OZARK, MO · failed 1985-12-13 · National commercial bank (OCC-chartered) · FDIC cost $2M

## What happened

LAKE NATIONAL BANK of LAKE OZARK, MO was closed by the OCC on **1985-12-13**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **CENTRAL LAKE STATE BANK** (LAKE OZARK, MO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1118
- **FDIC Certificate:** 24449
- **FDIC FIN:** 2521
- **Bank name:** LAKE NATIONAL BANK
- **Location:** LAKE OZARK, MO
- **Failure date:** 1985-12-13
- **FDIC resolution date:** 1985-12-13
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $19M
- **Assets at failure:** $20M
- **Acquiring bank:** CENTRAL LAKE STATE BANK (LAKE OZARK, MO)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=LAKE%20NATIONAL%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LAKE NATIONAL BANK (FDIC ID 1118), failed 1985-12-13. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/1118.

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