Century Bank
Tulsa, OK · Owner: Century Bcorp
$70.8M
total assets, December 31, 1987
$70.8M
total assets, December 31, 1987
Century Bank was a state nonmember bank in Tulsa, OK, owned by Century Bcorp. It failed on Mar 24, 1988, and Fourth NB Of Tulsa took over its deposits. At its last report it held $70.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Mar 24, 1988
- Assets
- $70.8M
- Deposits
- $69.9M
- Estimated cost
- $17.0M
- Deposits went to
- Fourth NB Of Tulsa, Tulsa, OK
Total assets
$70.8M
-14.2% in a year · -1.9% in a quarter
Deposits
$69.9M
-10.9% in a year · -1.7% in a quarter
Loans
$34.9M
-24.5% in a year · -7.7% in a quarter
Profit so far
-$3.0M
Jan 1 to Dec 31, 1987
Capital ratio
0.20%
-3.52 pts in a year
Return on assets
-3.91%
-0.77 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 5950 East Admiral Place, Tulsa, OK, 74115
- County
- Tulsa
- Holding company
- Century Bcorp
- Established
- Jan 4, 1954
- Failed
- Mar 24, 1988
- Employees
- 68
- Id
- b17293
Quarter by quarter
March 31, 1984 to December 31, 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 Century Bank?
$70.8 million in total assets and $69.9 million in deposits as of December 31, 1987, with assets down 14.2% from a year before. Its loans were $34.9 million.
Is Century Bank profitable?
No: it lost $2.97 million from January 1 to December 31, 1987. Its return on assets was -3.91% a year; about 1% is typical.
Who owns Century Bank?
Century Bank is owned by Century Bcorp, its holding company.
When did Century Bank fail?
Mar 24, 1988. Fourth NB Of Tulsa of Tulsa, OK took over its deposits. The estimated cost of the failure was $17.0 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.