# FARMERS NATIONAL BANK OF ERICK

> **Failed bank** · ERICK, OK · failed 1985-02-07 · National commercial bank (OCC-chartered) · FDIC cost $4M

## What happened

FARMERS NATIONAL BANK OF ERICK of ERICK, OK was closed by the OCC on **1985-02-07**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 958
- **FDIC Certificate:** 4093
- **FDIC FIN:** 2442
- **Bank name:** FARMERS NATIONAL BANK OF ERICK
- **Location:** ERICK, OK
- **Failure date:** 1985-02-07
- **FDIC resolution date:** 1985-02-07
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $17M
- **Assets at failure:** $17M
- **Acquiring bank:** FIRST AMERICAN BANK (ERICK, OK)

## Other banks FIRST AMERICAN BANK has acquired in FDIC resolutions

- HIGH DESERT STATE BANK (ALBUQUERQUE, NM) — failed 2010-06-25 — /failed-bank/3819
- TOWN COMMUNITY BANK AND TRUST (ANTIOCH, IL) — failed 2010-01-15 — /failed-bank/3737
- UNITED CITIZENS BANK, NATIONAL ASSOC (COLLEGE STATION, TX) — failed 1991-02-28 — /failed-bank/3024
- TEXAS COMMERCIAL SA (SULPHUR SPRINGS, TX) — failed 1990-09-21 — /failed-bank/2911
- UNIVERSITY NATIONAL BANK OF COLLEGE STATIO (COLLEGE STATION, TX) — failed 1990-03-08 — /failed-bank/2688
- FIRST CALIFORNIA SAVINGS (ORANGE, CA) — failed 1989-04-06 — /failed-bank/2351
- FIRST BANK & TRUST (BRYAN, TX) — failed 1989-02-09 — /failed-bank/2090

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FARMERS NATIONAL BANK OF ERICK (FDIC ID 958), failed 1985-02-07. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/958.

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