by Calculated Risk on 1/24/2014 04:21:00 PM

From the FDIC: BancFirst, Oklahoma City, Oklahoma, Assumes All of the Deposits of The Bank of Union, El Reno, Oklahoma

As of September 30, 2013, The Bank of Union had approximately $331.4 million in total assets and $328.8 million in total deposits. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $70.0 million. ... The Bank of Union is the second FDIC-insured institution to fail in the nation this year, and the first in Oklahoma.

This is a fairly large loss for the DIF.