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The First National Bank & Trust Co. of Norman

Norman, OK · failed May 29, 1986 · FDIC certificate 4157

The First National Bank & Trust Co. of Norman of Norman, OK failed on May 29, 1986. It opened in 1900, 86 years before. At its last report before that it held $73.2 million in assets and $75.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $134.1 million. The FDIC estimates that the FDIC's insurance fund lost $28.7 million on it.

1984-031986-03

Assets at the end$73.2 millionlast report before May 29, 1986

Deposits at the end$75.7 million

Estimated loss to the fund$28.7 millionFDIC

Largest in the quarterly reports$134.1 millionDecember 31, 1984

Equity to assets-7.7%March 31, 1986

Loans not being repaid27.4%noncurrent, March 31, 1986

Return on assets-3.81%a year's rate, March 31, 1986

Staff78full time, March 31, 1986

On the FDIC's list: THE FIRST NATIONAL BK & TR CO. OF NORMAN.

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Also ended in 1986

Western S&LA · Dallas, TX · $2.0 billion in assets
The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
Mainland S&LA · Houston, TX · $1.0 billion in assets
American Diversified Savings Bank · Costa Mesa · $978.6 million 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.