Bank of the Northwest
Woodward, OK
$19.5M
total assets, September 30, 1988
$19.5M
total assets, September 30, 1988
Bank of the Northwest was a state nonmember bank in Woodward, OK. It failed on Nov 10, 1988, and Bank Of Woodward took over its deposits. At its last report it held $19.5 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1988
This bank failed
- Failed on
- Nov 10, 1988
- Assets
- $19.5M
- Deposits
- $18.0M
- Estimated cost
- $4.6M
- Deposits went to
- Bank Of Woodward, Woodward, OK
Total assets
$19.5M
+16.0% in a year · +13.8% in a quarter
Deposits
$18.0M
+16.4% in a year · +14.5% in a quarter
Loans
$13.2M
+32.7% in a year · +15.9% in a quarter
Profit so far
-$62K
Jan 1 to Sep 30, 1988 · -306.7% in a year
Capital ratio
4.08%
-0.56 pts in a year
Return on assets
-0.47%
-0.73 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2220 Oklahoma Avenue, Woodward, OK, 73802
- County
- Woodward
- Established
- Sep 3, 1980
- Failed
- Nov 10, 1988
- Employees
- 25
- Id
- b23192
Quarter by quarter
March 31, 1984 to September 30, 1988
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 the Northwest?
$19.5 million in total assets and $18.0 million in deposits as of September 30, 1988, with assets up 16.0% from a year before. Its loans were $13.2 million.
Is Bank of the Northwest profitable?
No: it lost $62,000 from January 1 to September 30, 1988. Its return on assets was -0.47% a year; about 1% is typical.
When did Bank of the Northwest fail?
Nov 10, 1988. Bank Of Woodward of Woodward, OK took over its deposits. The estimated cost of the failure was $4.55 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.