# THE FIRST NATIONAL BANK OF TOMS RIVER

> **Failed bank** · TOMS RIVER, NJ · failed 1991-05-22 · National commercial bank (OCC-chartered) · FDIC cost $116M

## What happened

THE FIRST NATIONAL BANK OF TOMS RIVER of TOMS RIVER, NJ was closed by the OCC on **1991-05-22**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST FIDELITY BANK, NATION** (NEWARK, NJ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3108
- **FDIC Certificate:** 6499
- **FDIC FIN:** 4358
- **Bank name:** THE FIRST NATIONAL BANK OF TOMS RIVER
- **Location:** TOMS RIVER, NJ
- **Failure date:** 1991-05-22
- **FDIC resolution date:** 1991-05-22
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $116M
- **Deposits at failure:** $1,381M
- **Assets at failure:** $1,418M
- **Acquiring bank:** FIRST FIDELITY BANK, NATION (NEWARK, NJ)

## Other banks FIRST FIDELITY BANK, NATION has acquired in FDIC resolutions

- CAPITOL BANK & TRUST (OKLAHOMA CITY, OK) — failed 1990-08-16 — /failed-bank/2874

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FIRST NATIONAL BANK OF TOMS RIVER (FDIC ID 3108), failed 1991-05-22. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/3108.

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