AMERICAN NATIONAL BANK Failed 1987

What happened

AMERICAN NATIONAL BANK of DURANT, OK was closed on 1987-02-25. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to FIRST AMERICAN NATIONAL BANK (TISHOMINGO, OK). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

1369

FDIC Certificate

24068

FDIC FIN

1936

Bank name

AMERICAN NATIONAL BANK

Location

DURANT, OK

Failure date

1987-02-25

FDIC resolution date

1987-02-25

Charter type

National commercial bank (OCC-chartered)

Resolution type

A/A

FDIC DIF cost (est.)

$1M

Deposits at failure

$10M

Assets at failure

$10M

Acquiring bank

FIRST AMERICAN NATIONAL BANK (TISHOMINGO, OK)