The Graveyard › Banks › 1990
First National Bank
Purcell, OK · failed July 26, 1990 · FDIC certificate 25605
First National Bank of Purcell, OK failed on July 26, 1990. It opened on May 7, 1984, 6 years before. At its last report before that it held $10.9 million in assets and $11.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1986, it held $18.6 million. The FDIC estimates that the Bank Insurance Fund lost $1.5 million on it.
1984-091990-03
Assets at the end$10.9 millionlast report before July 26, 1990
Deposits at the end$11.1 million
Estimated loss to the fund$1.5 millionBIF
Largest in the quarterly reports$18.6 millionDecember 31, 1986
Equity to assets-2.5%March 31, 1990
Loans not being repaid9.0%noncurrent, March 31, 1990
Return on assets-4.61%a year's rate, March 31, 1990
Staff10full 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.