The Graveyard › Banks › 1992

American Bank of Commerce

Oklahoma City, OK · failed March 26, 1992 · FDIC certificate 20284

American Bank of Commerce of Oklahoma City, OK failed on March 26, 1992. It opened on October 26, 1970, 21 years before. At its last report before that it held $13.5 million in assets and $13.8 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $15.5 million. The FDIC estimates that the Bank Insurance Fund lost $2.3 million on it.

1984-031991-12

Assets at the end$13.5 millionlast report before March 26, 1992

Deposits at the end$13.8 million

Estimated loss to the fund$2.3 millionBIF

Largest in the quarterly reports$15.5 millionJune 30, 1984

Equity to assets-2.8%December 31, 1991

Loans not being repaid8.9%noncurrent, December 31, 1991

Return on assets-2.56%a year's rate, December 31, 1991

Staff14full time, December 31, 1991

On the FDIC's list: AMERICAN BANK OF COMMERCE.

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Also ended in 1992

Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
Carteret FSB · Madison, NJ · $4.8 billion in assets
Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
The Howard Savings Bank · Newark, NJ · $3.5 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.