PERMIAN BANK Failed 1986

ODESSA, TX · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

PERMIAN BANK of ODESSA, TX was closed on 1986-07-18. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1234
FDIC Certificate
20355
FDIC FIN
6721
Bank name
PERMIAN BANK
Location
ODESSA, TX
Failure date
1986-07-18
FDIC resolution date
1986-07-18
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
FDIC DIF cost (est.)
$10M
Deposits at failure
$38M
Assets at failure
$41M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions