First Bank & Trust Co.
Duncan, OK · Owner: FBT Bancshares Inc
$42.0M
total assets, September 30, 1988
$42.0M
total assets, September 30, 1988
First Bank & Trust Co. was a state nonmember bank in Duncan, OK, owned by FBT Bancshares Inc. It failed on Dec 8, 1988, and First BANK&TRUST Co took over its deposits. At its last report it held $42.0 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1988
This bank failed
- Failed on
- Dec 8, 1988
- Assets
- $42.0M
- Deposits
- $45.2M
- Estimated cost
- $9.6M
- Deposits went to
- First BANK&TRUST Co, Duncan, OK
Total assets
$42.0M
-20.4% in a year · -15.8% in a quarter
Deposits
$45.2M
-10.0% in a year · -11.7% in a quarter
Loans
$32.5M
-11.6% in a year · -2.5% in a quarter
Profit so far
-$2.4M
Jan 1 to Sep 30, 1988 · -2498.0% in a year
Capital ratio
-7.42%
-11.68 pts in a year
Return on assets
-6.68%
-6.92 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 923-925 Main Street, Duncan, OK, 73533
- County
- Stephens
- Holding company
- FBT Bancshares Inc
- Established
- Oct 1, 1893
- Failed
- Dec 8, 1988
- Employees
- 37
- Id
- b4080
Quarter by quarter
March 31, 1984 to September 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 First Bank & Trust Co.?
$42.0 million in total assets and $45.2 million in deposits as of September 30, 1988, with assets down 20.4% from a year before. Its loans were $32.5 million.
Is First Bank & Trust Co. profitable?
No: it lost $2.37 million from January 1 to September 30, 1988. Its return on assets was -6.68% a year; about 1% is typical.
Who owns First Bank & Trust Co.?
First Bank & Trust Co. is owned by FBT Bancshares Inc, its holding company.
When did First Bank & Trust Co. fail?
Dec 8, 1988. First BANK&TRUST Co of Duncan, OK took over its deposits. The estimated cost of the failure was $9.60 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.