First National Bank at Oswego
Oswego, KS · Owner: First of Oswego Financial Corp
$24.0M
total assets, December 31, 1988
$24.0M
total assets, December 31, 1988
First National Bank at Oswego was a national bank in Oswego, KS, owned by First of Oswego Financial Corp. It failed on May 18, 1989, and Parsons Commercial Bank took over its deposits. At its last report it held $24.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1988
This bank failed
- Failed on
- May 18, 1989
- Assets
- $24.0M
- Deposits
- $23.3M
- Estimated cost
- $1.9M
- Deposits went to
- Parsons Commercial Bank, Parsons, KS
Total assets
$24.0M
-5.7% in a year · +1.3% in a quarter
Deposits
$23.3M
-1.1% in a year · +4.3% in a quarter
Loans
$13.1M
-9.8% in a year · -7.1% in a quarter
Profit so far
-$1.2M
Jan 1 to Dec 31, 1988
Capital ratio
1.75%
-4.68 pts in a year
Return on assets
-5.03%
-4.57 pts in a year
Facts
- Type
- National bank
- Head office
- 501 Commercial, Oswego, KS, 67356
- County
- Labette
- Holding company
- First of Oswego Financial Corp
- Established
- Jan 1, 1920
- Failed
- May 18, 1989
- Employees
- 11
- Id
- b4749
Quarter by quarter
March 31, 1984 to December 31, 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 National Bank at Oswego?
$24.0 million in total assets and $23.3 million in deposits as of December 31, 1988, with assets down 5.7% from a year before. Its loans were $13.1 million.
Is First National Bank at Oswego profitable?
No: it lost $1.22 million from January 1 to December 31, 1988. Its return on assets was -5.03% a year; about 1% is typical.
Who owns First National Bank at Oswego?
First National Bank at Oswego is owned by First of Oswego Financial Corp, its holding company.
When did First National Bank at Oswego fail?
May 18, 1989. Parsons Commercial Bank of Parsons, KS took over its deposits. The estimated cost of the failure was $1.92 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.