The Graveyard › Banks › 1988

First Oklahoma Savings Bank

Tulsa · assisted August 31, 1988 · FDIC certificate 32077

First Oklahoma Savings Bank of Tulsa was given assistance by the FSLIC on August 31, 1988. The FDIC's list records an assistance transaction, not a closing. It opened on March 2, 1981, 7 years before. At its last report before that it held $37.3 million in assets and $44.4 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1987, it held $53.0 million. The FDIC estimates that the FSLIC's fund lost $25.2 million on it.

1984-031988-06

Assets at the end$37.3 millionlast report before August 31, 1988

Deposits at the end$44.4 million

Estimated loss to the fund$25.2 millionFSLIC

Largest in the quarterly reports$53.0 millionJune 30, 1987

Equity to assets-27.6%June 30, 1988

Loans not being repaid31.4%noncurrent, June 30, 1988

Return on assets-10.77%a year's rate, June 30, 1988

Take today's blind test

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.