The Graveyard › Banks › 1987
Investors Federal Bank
El Reno, OK · failed June 18, 1987 · FDIC certificate 29814
Investors Federal Bank of El Reno, OK failed on June 18, 1987. It opened in 1918, 69 years before. At its last report before that it held $97.5 million in assets and $96.3 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $121.0 million. The FDIC estimates that the FSLIC's fund lost $60.0 million on it.
1984-031987-03
Assets at the end$97.5 millionlast report before June 18, 1987
Deposits at the end$96.3 million
Estimated loss to the fund$60.0 millionFSLIC
Largest in the quarterly reports$121.0 millionMarch 31, 1985
Equity to assets-13.0%March 31, 1987
Loans not being repaid47.3%noncurrent, March 31, 1987
Return on assets-40.54%a year's rate, March 31, 1987
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.