The Graveyard › Banks › 1986
Cordell National Bank
Cordell, OK · failed December 5, 1986 · FDIC certificate 4069
Cordell National Bank of Cordell, OK failed on December 5, 1986. It opened on March 2, 1903, 83 years before. At its last report before that it held $78.6 million in assets and $73.5 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $35.6 million on it.
1984-031986-09
Assets at the end$78.6 millionlast report before December 5, 1986
Deposits at the end$73.5 million
Estimated loss to the fund$35.6 millionFDIC
Largest in the quarterly reports$80.2 millionDecember 31, 1984
Equity to assets4.9%September 30, 1986
Loans not being repaid29.5%noncurrent, September 30, 1986
Return on assets-2.65%a year's rate, September 30, 1986
Staff48full time, September 30, 1986
Also ended in 1986
- Western S&LA · Dallas, TX · $2.0 billion in assets
- The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
- Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
- National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
- Mainland S&LA · Houston, TX · $1.0 billion in assets
- American Diversified Savings Bank · Costa Mesa · $978.6 million 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.