First State Bank

Status:Inactive as of 08/13/1987
 Absorption - Assisted
Successor Bank:Legacy Bank
Headquarters:First State Bank
1000 North Main Street
Blanchard, OK 73010
Established:01/01/1908
FDIC Insurance:01/01/1934
FDIC Cert:#2313
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$23,607,000
Total Deposits:$21,892,000

History

1908-01-01Institution established: Original name:First State Bank
1987-08-13Failed. Acquired with government financial assistance and subsequently operated as part of First State Bank (17359)
1994-11-01Changed name to Legacy Bank (17359)
1998-10-27Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2000-04-29Acquired Legacy Bank TC (33797) in BLANCHARD, OK
2000-04-29Merged into and subsequently operated as part of Legacy Bank (4042) in HINTON, OK
2003-03-28Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2003-03-28Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2005-11-14Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED