The Graveyard › Banks › 1987
United Services Bank
Hartshorne, OK · failed October 8, 1987 · FDIC certificate 2310
United Services Bank of Hartshorne, OK failed on October 8, 1987. It opened in 1927, 60 years before. At its last report before that it held $15.3 million in assets and $14.2 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $5.7 million on it.
1984-031987-06
Assets at the end$15.3 millionlast report before October 8, 1987
Deposits at the end$14.2 million
Estimated loss to the fund$5.7 millionFDIC
Largest in the quarterly reports$15.4 millionMarch 31, 1987
Equity to assets6.2%June 30, 1987
Loans not being repaid7.9%noncurrent, June 30, 1987
Return on assets0.46%a year's rate, June 30, 1987
Staff10full time, June 30, 1987
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.