Cordell National Bank
Cordell, OK · Owner: First Cordell Banco Inc
$78.6M
total assets, September 30, 1986
$78.6M
total assets, September 30, 1986
Cordell National Bank was a national bank in Cordell, OK, owned by First Cordell Banco Inc. It failed on Dec 5, 1986, and City NB Of Weatherford took over its deposits. At its last report it held $78.6 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1986
This bank failed
- Failed on
- Dec 5, 1986
- Assets
- $78.6M
- Deposits
- $73.5M
- Estimated cost
- $35.6M
- Deposits went to
- City NB Of Weatherford, Weatherford, OK
Total assets
$78.6M
-1.4% in a year · +1.8% in a quarter
Deposits
$73.5M
+4.5% in a year · +2.8% in a quarter
Loans
$49.9M
-5.1% in a year · +0.1% in a quarter
Profit so far
-$1.6M
Jan 1 to Sep 30, 1986 · -285.0% in a year
Capital ratio
4.89%
-2.72 pts in a year
Return on assets
-2.65%
-4.06 pts in a year
Facts
- Type
- National bank
- Head office
- 116 North College Street, Cordell, OK, 73632
- County
- Washita
- Holding company
- First Cordell Banco Inc
- Established
- Mar 2, 1903
- Failed
- Dec 5, 1986
- Employees
- 48
- Id
- b4069
Quarter by quarter
March 31, 1984 to September 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 11
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Cordell National Bank?
$78.6 million in total assets and $73.5 million in deposits as of September 30, 1986, with assets down 1.4% from a year before. Its loans were $49.9 million.
Is Cordell National Bank profitable?
No: it lost $1.56 million from January 1 to September 30, 1986. Its return on assets was -2.65% a year; about 1% is typical.
Who owns Cordell National Bank?
Cordell National Bank is owned by First Cordell Banco Inc, its holding company.
When did Cordell National Bank fail?
Dec 5, 1986. City NB Of Weatherford of Weatherford, OK took over its deposits. The estimated cost of the failure was $35.6 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.