# FIRST CITY BANK OF ATOKA

> **Failed bank** · ATOKA, OK · failed 1987-02-12 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

FIRST CITY BANK OF ATOKA of ATOKA, OK was closed by regulators on **1987-02-12**. The FDIC was named receiver.

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

Deposits were transferred to **ATOKA STATE BANK** (ATOKA, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1359
- **FDIC Certificate:** 18773
- **FDIC FIN:** 2645
- **Bank name:** FIRST CITY BANK OF ATOKA
- **Location:** ATOKA, OK
- **Failure date:** 1987-02-12
- **FDIC resolution date:** 1987-02-12
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $12M
- **Assets at failure:** $12M
- **Acquiring bank:** ATOKA STATE BANK (ATOKA, OK)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20CITY%20BANK%20OF%20ATOKA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST CITY BANK OF ATOKA (FDIC ID 1359), failed 1987-02-12. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/1359.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*