The Graveyard › Banks › 1990
American National Bank
Elk City, OK · failed June 28, 1990 · FDIC certificate 26180
American National Bank of Elk City, OK failed on June 28, 1990. It opened on March 18, 1985, 5 years before. At its last report before that it held $14.8 million in assets and $14.8 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1987, it held $21.7 million. The FDIC estimates that the Bank Insurance Fund lost $1.4 million on it.
1985-031990-03
Assets at the end$14.8 millionlast report before June 28, 1990
Deposits at the end$14.8 million
Estimated loss to the fund$1.4 millionBIF
Largest in the quarterly reports$21.7 millionDecember 31, 1987
Equity to assets-2.1%March 31, 1990
Loans not being repaid10.9%noncurrent, March 31, 1990
Return on assets-7.42%a year's rate, March 31, 1990
Staff16full time, March 31, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.