Bank of North Mississippi
Oakland, MS
$14.5M
total assets, December 31, 1986
$14.5M
total assets, December 31, 1986
Bank of North Mississippi was a state nonmember bank in Oakland, MS. It failed on Apr 22, 1987, and Bank Of Mississippi took over its deposits. At its last report it held $14.5 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1986
This bank failed
- Failed on
- Apr 22, 1987
- Assets
- $14.5M
- Deposits
- $13.8M
- Estimated cost
- $2.7M
- Deposits went to
- Bank Of Mississippi, Tupelo, MS
Total assets
$14.5M
-18.2% in a year · -3.8% in a quarter
Deposits
$13.8M
-16.6% in a year · -0.9% in a quarter
Loans
$9.5M
-19.4% in a year · -4.8% in a quarter
Profit so far
-$1.2M
Jan 1 to Dec 31, 1986
Capital ratio
-1.88%
-6.47 pts in a year
Return on assets
-7.28%
-1.60 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Oakland, MS, 38948
- County
- Yalobusha
- Established
- Mar 1, 1904
- Failed
- Apr 22, 1987
- Employees
- 24
- Id
- b11426
Quarter by quarter
March 31, 1984 to December 31, 1986
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 Bank of North Mississippi?
$14.5 million in total assets and $13.8 million in deposits as of December 31, 1986, with assets down 18.2% from a year before. Its loans were $9.46 million.
Is Bank of North Mississippi profitable?
No: it lost $1.17 million from January 1 to December 31, 1986. Its return on assets was -7.28% a year; about 1% is typical.
When did Bank of North Mississippi fail?
Apr 22, 1987. Bank Of Mississippi of Tupelo, MS took over its deposits. The estimated cost of the failure was $2.72 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.