American Exchange Bank & Trust Company
Norman, OK · Owner: American Exchange Bcorp Inc
$87.8M
total assets, June 30, 1987
$87.8M
total assets, June 30, 1987
American Exchange Bank & Trust Company was a state nonmember bank in Norman, OK, owned by American Exchange Bcorp Inc. It failed on Aug 20, 1987, and Bank Of Oklahoma Na took over its deposits. At its last report it held $87.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Aug 20, 1987
- Assets
- $87.8M
- Deposits
- $95.8M
- Estimated cost
- $40.6M
- Deposits went to
- Bank Of Oklahoma Na, Tulsa, OK
Total assets
$87.8M
-16.8% in a year · -0.9% in a quarter
Deposits
$95.8M
-6.3% in a year · -0.2% in a quarter
Loans
$56.6M
-14.8% in a year · -4.5% in a quarter
Profit so far
-$10.4M
Jan 1 to Jun 30, 1987
Capital ratio
-10.21%
-12.08 pts in a year
Return on assets
-22.91%
-18.96 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 36th And West Street, Norman, OK, 73070
- County
- Cleveland
- Holding company
- American Exchange Bcorp Inc
- Established
- Jul 15, 1964
- Failed
- Aug 20, 1987
- Employees
- 72
- Id
- b19164
Quarter by quarter
March 31, 1984 to June 30, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is American Exchange Bank & Trust Company?
$87.8 million in total assets and $95.8 million in deposits as of June 30, 1987, with assets down 16.8% from a year before. Its loans were $56.6 million.
Is American Exchange Bank & Trust Company profitable?
No: it lost $10.4 million from January 1 to June 30, 1987. Its return on assets was -22.91% a year; about 1% is typical.
Who owns American Exchange Bank & Trust Company?
American Exchange Bank & Trust Company is owned by American Exchange Bcorp Inc, its holding company.
When did American Exchange Bank & Trust Company fail?
Aug 20, 1987. Bank Of Oklahoma Na of Tulsa, OK took over its deposits. The estimated cost of the failure was $40.6 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.