The Bank of Red Oak was a state nonmember bank in Red Oak, OK. It failed on Dec 16, 1983, and Farmers State Bank took over its deposits. At its last report it held $11.1 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- Dec 16, 1983
- Assets
- $11.1M
- Deposits
- $10.5M
- Estimated cost
- $2.8M
- Deposits went to
- Farmers State Bank, Quinton, OK
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Red Oak, OK, 74563
- County
- Latimer
- Established
- Jan 1, 1905
- Failed
- Dec 16, 1983
- Id
- b431
Related pages
Questions and answers
When did The Bank of Red Oak fail?
Dec 16, 1983. Farmers State Bank of Quinton, OK took over its deposits. The estimated cost of the failure was $2.81 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.