Mustang Community Bank
Mustang, OK · Owner: Mustang Community Ban Corp
$9.4M
total assets, December 31, 1987
$9.4M
total assets, December 31, 1987
Mustang Community Bank was a state member bank in Mustang, OK, owned by Mustang Community Ban Corp. It failed on Feb 18, 1988, and First National Bank Of M took over its deposits. At its last report it held $9.41 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Feb 18, 1988
- Assets
- $9.4M
- Deposits
- $9.6M
- Estimated cost
- $3.1M
- Deposits went to
- First National Bank Of M, Moore, OK
Total assets
$9.4M
+1.2% in a year · +5.4% in a quarter
Deposits
$9.6M
+7.9% in a year · +10.4% in a quarter
Loans
$5.1M
-10.8% in a year · -1.3% in a quarter
Profit so far
-$600K
Jan 1 to Dec 31, 1987
Capital ratio
-2.60%
-6.41 pts in a year
Return on assets
-6.55%
-2.73 pts in a year
Facts
- Type
- State member bank
- Head office
- Main Street, Mustang, OK, 73064
- County
- Canadian
- Holding company
- Mustang Community Ban Corp
- Established
- Aug 6, 1979
- Failed
- Feb 18, 1988
- Employees
- 12
- Id
- b22920
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 Mustang Community Bank?
$9.41 million in total assets and $9.62 million in deposits as of December 31, 1987, with assets up 1.2% from a year before. Its loans were $5.06 million.
Is Mustang Community Bank profitable?
No: it lost $600,000 from January 1 to December 31, 1987. Its return on assets was -6.55% a year; about 1% is typical.
Who owns Mustang Community Bank?
Mustang Community Bank is owned by Mustang Community Ban Corp, its holding company.
When did Mustang Community Bank fail?
Feb 18, 1988. First National Bank Of M of Moore, OK took over its deposits. The estimated cost of the failure was $3.12 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.