$14.7M
total assets, June 30, 1987
Citizens Bank of Krebs was a state nonmember bank in Krebs, OK. It failed on Oct 8, 1987, and First NB&T Co Of Mcalest took over its deposits. At its last report it held $14.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Oct 8, 1987
- Assets
- $14.7M
- Deposits
- $13.8M
- Estimated cost
- $5.3M
- Deposits went to
- First NB&T Co Of Mcalest, Mcalester, OK
Total assets
$14.7M
+50.9% in a year · +10.3% in a quarter
Deposits
$13.8M
+52.4% in a year · +11.3% in a quarter
Loans
$11.3M
+47.9% in a year · +3.2% in a quarter
Profit so far
$37K
Jan 1 to Jun 30, 1987 · +54.2% in a year
Capital ratio
5.71%
-0.98 pts in a year
Return on assets
0.54%
-0.03 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Highway 270 And S.W. Eighth Street, Krebs, OK, 74554
- County
- Pittsburg
- Established
- Feb 27, 1902
- Failed
- Oct 8, 1987
- Employees
- 12
- Id
- b2309
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 Citizens Bank of Krebs?
$14.7 million in total assets and $13.8 million in deposits as of June 30, 1987, with assets up 50.9% from a year before. Its loans were $11.3 million.
Is Citizens Bank of Krebs profitable?
Yes: it earned $37,000 from January 1 to June 30, 1987 (up 54.2% from the same months a year before). Its return on assets was 0.54% a year; about 1% is typical.
When did Citizens Bank of Krebs fail?
Oct 8, 1987. First NB&T Co Of Mcalest of Mcalester, OK took over its deposits. The estimated cost of the failure was $5.33 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.