The Graveyard › Banks › 1989

Allied Oklahoma Bank, National Association

Oklahoma City, OK · failed April 13, 1989 · FDIC certificate 19752

Allied Oklahoma Bank, National Association of Oklahoma City, OK failed on April 13, 1989. It opened on October 2, 1967, 21 years before. At its last report before that it held $58.3 million in assets and $61.0 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $93.9 million. The FDIC estimates that the FDIC's insurance fund lost $11.2 million on it.

1984-031988-12

Assets at the end$58.3 millionlast report before April 13, 1989

Deposits at the end$61.0 million

Estimated loss to the fund$11.2 millionFDIC

Largest in the quarterly reports$93.9 millionDecember 31, 1985

Equity to assets-5.6%December 31, 1988

Loans not being repaid12.5%noncurrent, December 31, 1988

Return on assets-6.32%a year's rate, December 31, 1988

Staff58full time, December 31, 1988

On the FDIC's list: ALLIED OKLAHOMA BANK, NATIONAL ASSOC.

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Also ended in 1989

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City Savings, FSB · Somerset, NJ · $9.8 billion in assets
MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
University Federal Savings · Houston, TX · $4.5 billion in assets

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.