Data / Bank failures / 1991 / First National Bank and Trust Co
First National Bank and Trust Co, Blackwell, OK: failed August 29, 1991
First National Bank and Trust Co in Blackwell, Oklahoma, failed on August 29, 1991. Central National Bank & Tru of Enid, OK, took over its deposits. It held $33.5 million in assets and $33.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.1 million (3.2% of its assets). By assets it was the 200th largest of 271 banks closed or assisted in 1991.
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The FDIC's record
- Closed
- August 29, 1991
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Central National Bank & Tru, Enid, OK
- Total assets
- $33,498,000
- Total deposits
- $33,799,000
- Estimated cost to the FDIC
- $1,087,946 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- BIF
- FDIC certificate
- 14804
Other bank failures in Oklahoma, 1989 to 1993
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| American Bank of Commerce | Oklahoma City | March 26, 1992 | $13.5 million | $13.8 million | $2.3 million | Rockwell Bank National A |
| Farmers & Merchants Bank | Tryon | March 19, 1992 | $4.3 million | $4.1 million | $939,612 | Union NB of Chandler |
| Clinton S & La | Clinton | July 19, 1991 | $22.2 million | $21.6 million | $2.4 million | Local Federal Bank, FSB |
| Red River FS & La | Lawton | April 26, 1991 | $422.2 million | $378.3 million | $-441,552 | |
| Chisholm FS & La | Kingfisher | April 19, 1991 | $154.4 million | $147.1 million | $-385,660 | |
| Cimarron Federal Savings | Muskogee | April 19, 1991 | $782 million | $713.9 million | $2 | |
| American Federal Bank | Ada | March 22, 1991 | $110.2 million | $90.4 million | $44.6 million | Home FS&LA of Ada |
| First Fsa of Chickasha | Chickasha | March 22, 1991 | $161.4 million | $153.1 million | $4.3 million |
All bank failures in 1991 · All bank failures in Oklahoma · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.