Citizens State Bank
Maud, OK · Owner: Citizens Bcorp
$11.1M
total assets, June 30, 1988
$11.1M
total assets, June 30, 1988
Citizens State Bank was a state nonmember bank in Maud, OK, owned by Citizens Bcorp. It failed on Aug 18, 1988, and Bank National Assn took over its deposits. At its last report it held $11.1 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Aug 18, 1988
- Assets
- $11.1M
- Deposits
- $10.8M
- Estimated cost
- $2.5M
- Deposits went to
- Bank National Assn, Mcalester, OK
Total assets
$11.1M
-13.1% in a year · -4.9% in a quarter
Deposits
$10.8M
-10.4% in a year · -4.1% in a quarter
Loans
$6.1M
-22.3% in a year · -9.7% in a quarter
Profit so far
-$339K
Jan 1 to Jun 30, 1988
Capital ratio
1.51%
-2.88 pts in a year
Return on assets
-5.81%
-2.42 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 200 West Main Street, Maud, OK, 74854
- County
- Pottawatomie
- Holding company
- Citizens Bcorp
- Established
- Apr 26, 1962
- Failed
- Aug 18, 1988
- Employees
- 12
- Id
- b18506
Quarter by quarter
March 31, 1984 to June 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 Citizens State Bank?
$11.1 million in total assets and $10.8 million in deposits as of June 30, 1988, with assets down 13.1% from a year before. Its loans were $6.14 million.
Is Citizens State Bank profitable?
No: it lost $339,000 from January 1 to June 30, 1988. Its return on assets was -5.81% a year; about 1% is typical.
Who owns Citizens State Bank?
Citizens State Bank is owned by Citizens Bcorp, its holding company.
When did Citizens State Bank fail?
Aug 18, 1988. Bank National Assn of Mcalester, OK took over its deposits. The estimated cost of the failure was $2.46 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.