The Graveyard › Banks › 1987
National Bank of Frederick
Frederick, OK · failed January 22, 1987 · FDIC certificate 14627
National Bank of Frederick of Frederick, OK failed on January 22, 1987. It opened on August 1, 1934, 52 years before. At its last report before that it held $23.8 million in assets and $22.4 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $10.5 million on it.
1984-031986-12
Assets at the end$23.8 millionlast report before January 22, 1987
Deposits at the end$22.4 million
Estimated loss to the fund$10.5 millionFDIC
Largest in the quarterly reports$24.3 millionJune 30, 1986
Equity to assets4.8%December 31, 1986
Loans not being repaid22.2%noncurrent, December 31, 1986
Return on assets-0.71%a year's rate, December 31, 1986
Staff21full time, December 31, 1986
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.