Bank of Ochlochnee, Ochlochnee, Ga., as of June 30, 1964 Estimated net recovery by FDIC... Estimated loss to other creditors (includes depositors with balances in excess of $10,000)- 1 Included in number of insured deposit accounts paid by FDIC. 36-772-64 812 $705, 390 175 85,330 25 871 4 42,361 1 (10) 37,904 1,016 871,856 47,453 1,200 598, 765 647, 418 105.665 7,607 Bank of Earlsboro, Earlsboro, Okla., as of June 30, 1964 Estimated loss to other general creditors (including depositors with balances in excess of $10,000) 168, 300 38, 717 Included in number of insured deposit accounts paid by FDIC. The Sheldon National Bank, Sheldon, Iowa, as of June 30, 1964-、、 Estimated loss to other creditors (includes depositors with balances in 'Included in number of insured deposit accounts paid by FDIC. 389, 650 1,427, 865 40, 218 1,299, 085 487, 544 1,786, 629 1,437, 710 40, 218 1,038, 215 1,078, 433 359,277 389, 650 The Capitol Hill State Bank, Oklahoma City, Okla., as of June 30, 1964 Estimated net recovery by FDIC. Estimated loss to other general creditors (including depositors with balances] in excess of $10,000).. 1 Included in number of insured deposit accounts paid by FDIC. The Home National Bank of Ellenville, Ellenville, N.Y. The assets of the Home. National Bank of Ellenville, Ellenville, N.Y., were purchased and its liabilities assumed by another bank, with the aid of a loan from the Federal Deposit Insurance Corporation. Since this receivership did not involve a payout to depositors, a breakdown of statistical data comparable to these other receiverships, with the exception of receivership expenses, was not available. River Oaks State Bank, Fort Worth, Tex., as of June 30, 1964 Estimated net recovery by FDIC... Estimated loss to other general creditors (includes depositors with balances in excess of $10,000) __ 1 Included in number of insured deposit accounts paid by FDIC. 426, 506 260, 258 58,221 318, 479 87,362 2,332, 502 521,788 2,854, 290 2, 644, 893 87,362 260, 258 347, 620 2,297, 273 58,221 Mr. CAMP. There are also problems arising out of the practice of the FDIC to share in the distribution of assets, as a subrogee, with depositors having accounts over the insured limit. As a result of this practice, the Corporation is usually the largest claimant against the insolvent estate. It may be questioned whether depositors are receiving the protection originally envisaged by the Congress, where this practice is followed. It would also seem open to serious question whether the FDIC as a major claimant should also act as a receiver. The practice of invariably appointing the FDIC as the receiver for insolvent national banks would seem to run contrary to the practice followed in other |