Elk City State Bank
Elk City, OK · Owner: Elk City State Bancshares Inc
$22.2M
total assets, December 31, 1985
$22.2M
total assets, December 31, 1985
Elk City State Bank was a state member bank in Elk City, OK, owned by Elk City State Bancshares Inc. It failed on Feb 21, 1986, and its insured deposits were paid out. At its last report it held $22.2 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1985
This bank failed
- Failed on
- Feb 21, 1986
- Assets
- $22.2M
- Deposits
- $21.4M
- Estimated cost
- $7.9M
- Deposits went to
- payout
Total assets
$22.2M
-21.6% in a year · -6.8% in a quarter
Deposits
$21.4M
-17.5% in a year · -7.3% in a quarter
Loans
$15.0M
-12.3% in a year · -3.1% in a quarter
Profit so far
-$1.5M
Jan 1 to Dec 31, 1985 · -4784.4% in a year
Capital ratio
2.72%
-5.32 pts in a year
Return on assets
-5.91%
-6.04 pts in a year
Facts
- Type
- State member bank
- Head office
- 2714 West Third Street, Elk City, OK, 73644
- County
- Beckham
- Holding company
- Elk City State Bancshares Inc
- Established
- Jul 7, 1980
- Failed
- Feb 21, 1986
- Employees
- 19
- Id
- b23151
Quarter by quarter
March 31, 1984 to December 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 8
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Elk City State Bank?
$22.2 million in total assets and $21.4 million in deposits as of December 31, 1985, with assets down 21.6% from a year before. Its loans were $15.0 million.
Is Elk City State Bank profitable?
No: it lost $1.50 million from January 1 to December 31, 1985. Its return on assets was -5.91% a year; about 1% is typical.
Who owns Elk City State Bank?
Elk City State Bank is owned by Elk City State Bancshares Inc, its holding company.
When did Elk City State Bank fail?
Feb 21, 1986. The estimated cost of the failure was $7.86 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.