The Graveyard › Banks › 1988

Town and Country Bank

Bixby, OK · failed September 15, 1988 · FDIC certificate 22466

Town and Country Bank of Bixby, OK failed on September 15, 1988. It opened on June 1, 1977, 11 years before. At its last report before that it held $30.8 million in assets and $38.4 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1987, it held $40.9 million. The FDIC estimates that the FDIC's insurance fund lost $19.3 million on it.

1984-031988-06

Assets at the end$30.8 millionlast report before September 15, 1988

Deposits at the end$38.4 million

Estimated loss to the fund$19.3 millionFDIC

Largest in the quarterly reports$40.9 millionJune 30, 1987

Equity to assets-26.4%June 30, 1988

Loans not being repaid32.8%noncurrent, June 30, 1988

Return on assets-45.91%a year's rate, June 30, 1988

Staff17full time, June 30, 1988

On the FDIC's list: TOWN & COUNTRY BANK.

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Also ended in 1988

American S&LA · Stockton · $30.2 billion in assets · assisted
First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
Gibraltar SA · Houston · $6.5 billion in assets · assisted
United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
First Texas Savings Association · Dallas · $3.1 billion 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.