The Graveyard › Banks › 1987
First City Bank of Atoka
Atoka, OK · failed February 12, 1987 · FDIC certificate 18773
First City Bank of Atoka of Atoka, OK failed on February 12, 1987. It opened on May 7, 1963, 23 years before. At its last report before that it held $11.6 million in assets and $12.4 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $17.4 million. The FDIC estimates that the FDIC's insurance fund lost $2.5 million on it.
1984-031986-12
Assets at the end$11.6 millionlast report before February 12, 1987
Deposits at the end$12.4 million
Estimated loss to the fund$2.5 millionFDIC
Largest in the quarterly reports$17.4 millionDecember 31, 1984
Equity to assets-7.6%December 31, 1986
Loans not being repaid26.8%noncurrent, December 31, 1986
Return on assets-2.59%a year's rate, December 31, 1986
Staff12full time, December 31, 1986
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.