First State Bank

Status:Inactive as of 12/13/1990
 Absorption - Assisted
Successor Bank:McClain Bank
Headquarters:First State Bank
101 East Broadway
Lexington, OK 73051
Established:02/21/1931
FDIC Insurance:01/01/1934
FDIC Cert:#9469
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$7,477,000
Total Deposits:$7,581,000

History

1931-02-21Institution established: Original name:First State Bank
1990-12-13Failed. Acquired with government financial assistance and subsequently operated as part of The McClain County National Bank of Purcell (4187)
2001-01-23Changed name to McClain Bank National Associationl (4187)
2004-12-21Changed name to McClain Bank (4187)
2004-12-21Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS