The Graveyard › Banks › 1987
The Security National Bank & Trust Co. of Norman
Norman, OK · failed January 8, 1987 · FDIC certificate 4159
The Security National Bank & Trust Co. of Norman of Norman, OK failed on January 8, 1987. It opened in 1914, 73 years before. At its last report before that it held $198.7 million in assets and $171.2 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $86.2 million on it.
1984-031986-12
Assets at the end$198.7 millionlast report before January 8, 1987
Deposits at the end$171.2 million
Estimated loss to the fund$86.2 millionFDIC
Equity to assets1.0%December 31, 1986
Loans not being repaid30.0%noncurrent, December 31, 1986
Return on assets-4.85%a year's rate, December 31, 1986
Staff135full time, December 31, 1986
On the FDIC's list: THE SECURITY NAT BK & TR CO. OF NORMAN.
Take today's blind testAlso 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.