The Graveyard › Banks › 1987
Ok Federal S&LA
El Reno · assisted July 31, 1987 · FDIC certificate 29273
Ok Federal S&LA of El Reno was given assistance by the FSLIC on July 31, 1987. The FDIC's list records an assistance transaction, not a closing. It opened in 1904, 83 years before. At its last report before that it held $51.8 million in assets and $87.3 million in deposits. The FDIC estimates that the FSLIC's fund lost $62.2 million on it.
1984-031987-06
Assets at the end$51.8 millionlast report before July 31, 1987
Deposits at the end$87.3 million
Estimated loss to the fund$62.2 millionFSLIC
Equity to assets-79.3%June 30, 1987
Loans not being repaid34.4%noncurrent, June 30, 1987
Return on assets-13.87%a year's rate, June 30, 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.
