The Graveyard › Banks › 1988
First National Bank of Del City
Del City, OK · failed March 25, 1988 · FDIC certificate 24978
First National Bank of Del City of Del City, OK failed on March 25, 1988. It opened on January 16, 1984, 4 years before. At its last report before that it held $30.9 million in assets and $28.1 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1987, it held $40.0 million. The FDIC estimates that the FDIC's insurance fund lost $9.0 million on it.
1984-031987-12
Assets at the end$30.9 millionlast report before March 25, 1988
Deposits at the end$28.1 million
Estimated loss to the fund$9.0 millionFDIC
Largest in the quarterly reports$40.0 millionMarch 31, 1987
Equity to assets-1.1%December 31, 1987
Loans not being repaid27.7%noncurrent, December 31, 1987
Return on assets-8.36%a year's rate, December 31, 1987
Staff25full time, December 31, 1987
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion 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.