$23.0M
total assets, December 31, 1988
Oakwood National Bank was a national bank in Enid, OK. It failed on Jan 27, 1989, and National BK Of Com Of Al took over its deposits. At its last report it held $23.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1988
This bank failed
- Failed on
- Jan 27, 1989
- Assets
- $23.0M
- Deposits
- $26.8M
- Estimated cost
- $7.4M
- Deposits went to
- National BK Of Com Of Al, Altus, OK
Total assets
$23.0M
-46.6% in a year · -15.7% in a quarter
Deposits
$26.8M
-39.8% in a year · -12.5% in a quarter
Loans
$15.5M
-39.4% in a year · -9.9% in a quarter
Profit so far
-$2.2M
Jan 1 to Dec 31, 1988
Capital ratio
-15.73%
-11.92 pts in a year
Return on assets
-6.72%
-1.81 pts in a year
Facts
- Type
- National bank
- Head office
- Main Street, Enid, OK, 73702
- County
- Garfield
- Established
- Jun 3, 1983
- Failed
- Jan 26, 1989
- Employees
- 31
- Id
- b24537
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 Oakwood National Bank?
$23.0 million in total assets and $26.8 million in deposits as of December 31, 1988, with assets down 46.6% from a year before. Its loans were $15.5 million.
Is Oakwood National Bank profitable?
No: it lost $2.24 million from January 1 to December 31, 1988. Its return on assets was -6.72% a year; about 1% is typical.
When did Oakwood National Bank fail?
Jan 27, 1989. National BK Of Com Of Al of Altus, OK took over its deposits. The estimated cost of the failure was $7.39 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.