The Graveyard › Banks › 1988

Alliance Bank, N.A.

Oklahoma City · assisted November 16, 1988 · FDIC certificate 24492

Alliance Bank, N.A. of Oklahoma City was given assistance by the FDIC on November 16, 1988. The FDIC's list records an assistance transaction, not a closing. It opened on May 12, 1983, 5 years before. At its last report before that it held $8.9 million in assets and $11.9 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $21.4 million. The FDIC estimates that the FDIC's insurance fund lost $4.1 million on it.

1984-031988-09

Assets at the end$8.9 millionlast report before November 16, 1988

Deposits at the end$11.9 million

Estimated loss to the fund$4.1 millionFDIC

Largest in the quarterly reports$21.4 millionDecember 31, 1985

Equity to assets-34.0%September 30, 1988

Loans not being repaid23.7%noncurrent, September 30, 1988

Return on assets-14.69%a year's rate, September 30, 1988

Staff9full time, September 30, 1988

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Also ended in 1988

American S&LA · Stockton · $30.2 billion in assets · assisted
First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
Gibraltar SA · Houston · $6.5 billion in assets · assisted
United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
First Texas Savings Association · Dallas · $3.1 billion in assets · assisted

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.