The Graveyard › Banks › 1987
Commercial Bank, N.A.
Oklahoma City · assisted October 16, 1987 · FDIC certificate 23473
Commercial Bank, N.A. of Oklahoma City was given assistance by the FDIC on October 16, 1987. The FDIC's list records an assistance transaction, not a closing. It opened on July 1, 1981, 6 years before. At its last report before that it held $23.4 million in assets and $21.7 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $4.5 million on it.
1984-031987-09
Assets at the end$23.4 millionlast report before October 16, 1987
Deposits at the end$21.7 million
Estimated loss to the fund$4.5 millionFDIC
Equity to assets6.7%September 30, 1987
Loans not being repaid17.6%noncurrent, September 30, 1987
Return on assets-2.22%a year's rate, September 30, 1987
Staff22full time, September 30, 1987
Also ended in 1987
- Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
- Freedom S&LA · Tampa, FL · $1.9 billion in assets
- Vernon S&LA · Vernon, TX · $1.3 billion in assets
- Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
- Independent American SA · Irving, TX · $1.0 billion in assets
- First Financial Bank, FSB · New Orleans · $744.9 million 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.