The Graveyard › Banks › 1987
Peoples Bank & Trust Company
Holdenville, OK · failed January 29, 1987 · FDIC certificate 19522
Peoples Bank & Trust Company of Holdenville, OK failed on January 29, 1987. It opened on December 6, 1965, 21 years before. At its last report before that it held $20.2 million in assets and $18.8 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $23.2 million. The FDIC estimates that the FDIC's insurance fund lost $5.1 million on it.
1984-031986-12
Assets at the end$20.2 millionlast report before January 29, 1987
Deposits at the end$18.8 million
Estimated loss to the fund$5.1 millionFDIC
Largest in the quarterly reports$23.2 millionJune 30, 1986
Equity to assets1.1%December 31, 1986
Loans not being repaid13.5%noncurrent, December 31, 1986
Return on assets-6.28%a year's rate, December 31, 1986
Staff15full 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.