The First National Bank of Gracemont

Status:Inactive as of 11/10/1988
 Absorption - Assisted
Successor Bank:First State Bank
Headquarters:The First National Bank of Gracemont
Main Street
Gracemont, OK 73042
Established:01/01/1906
FDIC Insurance:01/01/1934
FDIC Cert:#4103
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$6,571,000
Total Deposits:$6,841,000

History

1906-01-01Institution established: Original name:The First National Bank of Gracemont
1988-11-10Failed. Acquired with government financial assistance and subsequently operated as part of First State Bank (12283)
1998-04-08Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD