HOME NATIONAL BANK Failed 2010
What happened
HOME NATIONAL BANK of BLACKWELL, OK was closed on 2010-07-09. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to RCB BANK (CLAREMORE, OK). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3820
- FDIC Certificate
- 11636
- FDIC FIN
- 10256
- Bank name
- HOME NATIONAL BANK
- Location
- BLACKWELL, OK
- Failure date
- 2010-07-09
- FDIC resolution date
- 2010-07-09
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $66M
- Deposits at failure
- $514M
- Assets at failure
- $585M
- Acquiring bank
- RCB BANK (CLAREMORE, OK)
- FDIC comments
- Home National Bank assumed by RCB Bank on 7/9/2010. Transaction consisted of a loss-share transaction with Enterprise Bank & Trust on $260.8 million of Home National Bank's assets purchased from the FDIC