The Federal Deposit Insurance Corp. has ordered a North Dakota bank to
First State Bank of Sharon was slapped with a cease-and-desist order in
The FDIC order was made public this week.
First State, which has $30.4 million of assets, consented to the order
First State lost $79,000 in 1998, compared to a profit of $246,000 in
The bank also charged off $800,000 in 1998, as opposed to $366,000 the