The Graveyard › Banks › 1991
First National Bank and Trust Co
Blackwell, OK · failed August 29, 1991 · FDIC certificate 14804
First National Bank and Trust Co of Blackwell, OK failed on August 29, 1991. It opened on September 17, 1934, 56 years before. At its last report before that it held $33.5 million in assets and $33.8 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $46.1 million. The FDIC estimates that the Bank Insurance Fund lost $1.1 million on it.
1984-031991-06
Assets at the end$33.5 millionlast report before August 29, 1991
Deposits at the end$33.8 million
Estimated loss to the fund$1.1 millionBIF
Largest in the quarterly reports$46.1 millionMarch 31, 1986
Equity to assets-1.8%June 30, 1991
Loans not being repaid12.3%noncurrent, June 30, 1991
Return on assets-7.53%a year's rate, June 30, 1991
Staff25full time, June 30, 1991
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.