Farmers State Bank in Afton, Oklahoma
Afton, OK
$12.0M
total assets, March 31, 1985
$12.0M
total assets, March 31, 1985
Farmers State Bank in Afton, Oklahoma was a state nonmember bank in Afton, OK. It failed on Oct 17, 1985, and Security BANK&TRUST Co took over its deposits. At its last report it held $10.8 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- Oct 17, 1985
- Assets
- $10.8M
- Deposits
- $9.9M
- Estimated cost
- $2.8M
- Deposits went to
- Security BANK&TRUST Co, Miami, OK
Total assets
$12.0M
-3.3% in a year · -5.2% in a quarter
Deposits
$10.8M
-2.1% in a year · -6.1% in a quarter
Loans
$8.0M
-7.2% in a year · -5.2% in a quarter
Profit so far
-$25K
Jan 1 to Mar 31, 1985 · -219.0% in a year
Capital ratio
8.18%
-1.00 pts in a year
Return on assets
-0.81%
-1.48 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1 S.W. First Street, Afton, OK, 74331
- County
- Ottawa
- Established
- Aug 26, 1926
- Failed
- Oct 17, 1985
- Employees
- 13
- Id
- b2321
Quarter by quarter
March 31, 1984 to March 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 5
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Farmers State Bank in Afton, Oklahoma?
$12.0 million in total assets and $10.8 million in deposits as of March 31, 1985, with assets down 3.3% from a year before. Its loans were $8.01 million.
Is Farmers State Bank in Afton, Oklahoma profitable?
No: it lost $25,000 from January 1 to March 31, 1985. Its return on assets was -0.81% a year; about 1% is typical.
When did Farmers State Bank in Afton, Oklahoma fail?
Oct 17, 1985. Security BANK&TRUST Co of Miami, OK took over its deposits. The estimated cost of the failure was $2.76 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.