Harvard Bank
Tulsa, OK · Owner: Harvard Bancshares Inc
$23.1M
total assets, December 31, 1988
$23.1M
total assets, December 31, 1988
Harvard Bank was a state member bank in Tulsa, OK, owned by Harvard Bancshares Inc. It failed on Mar 30, 1989, and Southern National Bank took over its deposits. At its last report it held $23.1 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1988
This bank failed
- Failed on
- Mar 30, 1989
- Assets
- $23.1M
- Deposits
- $22.8M
- Estimated cost
- $4.0M
- Deposits went to
- Southern National Bank, Tulsa, OK
Total assets
$23.1M
-14.7% in a year · -3.4% in a quarter
Deposits
$22.8M
-11.9% in a year · -2.7% in a quarter
Loans
$12.2M
-23.4% in a year · -10.5% in a quarter
Profit so far
-$887K
Jan 1 to Dec 31, 1988
Capital ratio
0.78%
-2.84 pts in a year
Return on assets
-3.55%
+1.60 pts in a year
Facts
- Type
- State member bank
- Head office
- 4815 South Harvard Avenue, Tulsa, OK, 74135
- County
- Tulsa
- Holding company
- Harvard Bancshares Inc
- Established
- Dec 23, 1977
- Failed
- Mar 30, 1989
- Employees
- 20
- Id
- b22576
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 Harvard Bank?
$23.1 million in total assets and $22.8 million in deposits as of December 31, 1988, with assets down 14.7% from a year before. Its loans were $12.2 million.
Is Harvard Bank profitable?
No: it lost $887,000 from January 1 to December 31, 1988. Its return on assets was -3.55% a year; about 1% is typical.
Who owns Harvard Bank?
Harvard Bank is owned by Harvard Bancshares Inc, its holding company.
When did Harvard Bank fail?
Mar 30, 1989. Southern National Bank of Tulsa, OK took over its deposits. The estimated cost of the failure was $4.03 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.