First State Bank
Oilton, OK · Owner: Oilton Holding Corp
$13.2M
total assets, December 31, 1987
$13.2M
total assets, December 31, 1987
First State Bank was a state nonmember bank in Oilton, OK, owned by Oilton Holding Corp. It failed on Feb 11, 1988, and American NB Of Bristow took over its deposits. At its last report it held $13.2 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Feb 11, 1988
- Assets
- $13.2M
- Deposits
- $13.3M
- Estimated cost
- $3.1M
- Deposits went to
- American NB Of Bristow, Bristow, OK
Total assets
$13.2M
-4.2% in a year · +0.5% in a quarter
Deposits
$13.3M
-0.6% in a year · +0.2% in a quarter
Loans
$7.1M
-24.7% in a year · -5.3% in a quarter
Profit so far
-$489K
Jan 1 to Dec 31, 1987
Capital ratio
-1.34%
-3.51 pts in a year
Return on assets
-3.66%
+1.84 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 105 West Main Street, Oilton, OK, 74052
- County
- Creek
- Holding company
- Oilton Holding Corp
- Established
- Dec 7, 1964
- Failed
- Feb 11, 1988
- Employees
- 14
- Id
- b19303
Quarter by quarter
March 31, 1984 to December 31, 1987
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 State Bank?
$13.2 million in total assets and $13.3 million in deposits as of December 31, 1987, with assets down 4.2% from a year before. Its loans were $7.07 million.
Is First State Bank profitable?
No: it lost $489,000 from January 1 to December 31, 1987. Its return on assets was -3.66% a year; about 1% is typical.
Who owns First State Bank?
First State Bank is owned by Oilton Holding Corp, its holding company.
When did First State Bank fail?
Feb 11, 1988. American NB Of Bristow of Bristow, OK took over its deposits. The estimated cost of the failure was $3.06 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.