First Southwest Bank
Eldorado, OK · Owner: First Eldorado Bcorp Inc
$9.8M
total assets, September 30, 1988
$9.8M
total assets, September 30, 1988
First Southwest Bank was a state member bank in Eldorado, OK, owned by First Eldorado Bcorp Inc. It failed on Dec 16, 1988, and First State BANK&TRUST C took over its deposits. At its last report it held $9.83 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1988
This bank failed
- Failed on
- Dec 16, 1988
- Assets
- $9.8M
- Deposits
- $9.7M
- Estimated cost
- $2.4M
- Deposits went to
- First State BANK&TRUST C, Hollis, OK
Total assets
$9.8M
0.0% in a year · -6.7% in a quarter
Deposits
$9.7M
+2.9% in a year · -6.2% in a quarter
Loans
$7.2M
+1.1% in a year · +0.7% in a quarter
Profit so far
-$163K
Jan 1 to Sep 30, 1988 · -151.7% in a year
Capital ratio
0.37%
-2.12 pts in a year
Return on assets
-2.07%
-5.97 pts in a year
Facts
- Type
- State member bank
- Head office
- 419 West Main Street, Eldorado, OK, 73537
- County
- Jackson
- Holding company
- First Eldorado Bcorp Inc
- Established
- Sep 11, 1902
- Failed
- Dec 16, 1988
- Employees
- 11
- Id
- b15670
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 Southwest Bank?
$9.83 million in total assets and $9.71 million in deposits as of September 30, 1988, with assets unchanged from a year before. Its loans were $7.20 million.
Is First Southwest Bank profitable?
No: it lost $163,000 from January 1 to September 30, 1988. Its return on assets was -2.07% a year; about 1% is typical.
Who owns First Southwest Bank?
First Southwest Bank is owned by First Eldorado Bcorp Inc, its holding company.
When did First Southwest Bank fail?
Dec 16, 1988. First State BANK&TRUST C of Hollis, OK took over its deposits. The estimated cost of the failure was $2.39 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.