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The Madill Bank and Trust Company

Madill, OK · failed March 20, 1987 · FDIC certificate 4243

The Madill Bank and Trust Company of Madill, OK failed on March 20, 1987. It opened on June 7, 1902, 84 years before. At its last report before that it held $39.6 million in assets and $39.0 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $52.2 million. The FDIC estimates that the FDIC's insurance fund lost $11.3 million on it.

1984-031986-12

Assets at the end$39.6 millionlast report before March 20, 1987

Deposits at the end$39.0 million

Estimated loss to the fund$11.3 millionFDIC

Largest in the quarterly reports$52.2 millionMarch 31, 1985

Equity to assets0.4%December 31, 1986

Loans not being repaid20.8%noncurrent, December 31, 1986

Return on assets-2.80%a year's rate, December 31, 1986

Staff33full time, December 31, 1986

On the FDIC's list: THE MADILL BANK & TRUST COMPANY.

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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.