Bank of Canton
Canton, OK · Owner: Canton Bcorp Inc
$23.1M
total assets, March 31, 1985
$23.1M
total assets, March 31, 1985
Bank of Canton was a state nonmember bank in Canton, OK, owned by Canton Bcorp Inc. It failed on Oct 10, 1985, and Community State Bank Of Can took over its deposits. At its last report it held $22.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- Oct 10, 1985
- Assets
- $22.4M
- Deposits
- $20.6M
- Estimated cost
- $8.6M
- Deposits went to
- Community State Bank Of Can, Canton, OK
Total assets
$23.1M
-6.9% in a year · -4.4% in a quarter
Deposits
$21.2M
-7.8% in a year · -4.9% in a quarter
Loans
$13.9M
0.0% in a year · -4.9% in a quarter
Profit so far
$108K
Jan 1 to Mar 31, 1985 · +125.0% in a year
Capital ratio
6.93%
+0.25 pts in a year
Return on assets
1.83%
+1.03 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Canton, OK, 73724
- County
- Blaine
- Holding company
- Canton Bcorp Inc
- Established
- Nov 26, 1902
- Failed
- Oct 10, 1985
- Employees
- 16
- Id
- b15756
Quarter by quarter
March 31, 1984 to March 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 5
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Bank of Canton?
$23.1 million in total assets and $21.2 million in deposits as of March 31, 1985, with assets down 6.9% from a year before. Its loans were $13.9 million.
Is Bank of Canton profitable?
Yes: it earned $108,000 from January 1 to March 31, 1985 (up 125.0% from the same months a year before). Its return on assets was 1.83% a year; about 1% is typical.
Who owns Bank of Canton?
Bank of Canton is owned by Canton Bcorp Inc, its holding company.
When did Bank of Canton fail?
Oct 10, 1985. Community State Bank Of Can of Canton, OK took over its deposits. The estimated cost of the failure was $8.58 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.