First Capital Bank year's 25th U.S. bank failure
6/8/12 5:27 PM ET (MarketWatch)Print
SAN FRANCISCO (MarketWatch) -- First Capital Bank of Kingfisher, Okla., became the 25th U.S. bank failure of the year, according to the Federal Deposit Insurance Corp. on Friday. F & M Bank of Edmond, Okla., will assume First Capital's $44.8 million in deposits and buy $40.7 million of its $46.1 million in assets. The cost to the FDIC's deposit-insurance fund is $5.6 million. The failure is the first in Oklahoma for the year.
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