The Graveyard › Banks › 1989

The Bank of Edmond, National Association

Edmond, OK · failed May 18, 1989 · FDIC certificate 25218

The Bank of Edmond, National Association of Edmond, OK failed on May 18, 1989. It opened on June 4, 1984, 4 years before. At its last report before that it held $8.1 million in assets and $8.5 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $16.0 million. The FDIC estimates that the FDIC's insurance fund lost $680,380 on it.

1984-061989-03

Assets at the end$8.1 millionlast report before May 18, 1989

Deposits at the end$8.5 million

Estimated loss to the fund$680,380FDIC

Largest in the quarterly reports$16.0 millionDecember 31, 1985

Equity to assets-6.0%March 31, 1989

Loans not being repaid23.7%noncurrent, March 31, 1989

Return on assets-11.91%a year's rate, March 31, 1989

Staff7full time, March 31, 1989

On the FDIC's list: THE BANK OF EDMOND, NATIONAL ASSOC.

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Also ended in 1989

Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
City Savings, FSB · Somerset, NJ · $9.8 billion in assets
MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
University Federal Savings · Houston, TX · $4.5 billion in assets

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.