The Citizens Bank
Drumright, OK · Owner: Citizens Bank Holding Corp the
$35.1M
total assets, June 30, 1987
$35.1M
total assets, June 30, 1987
The Citizens Bank was a state nonmember bank in Drumright, OK, owned by Citizens Bank Holding Corp the. It failed on Sep 24, 1987, and American NB Of Bristow took over its deposits. At its last report it held $35.1 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Sep 24, 1987
- Assets
- $35.1M
- Deposits
- $33.4M
- Estimated cost
- $14.6M
- Deposits went to
- American NB Of Bristow, Bristow, OK
Total assets
$35.1M
-12.6% in a year · -5.5% in a quarter
Deposits
$33.4M
-10.2% in a year · -3.0% in a quarter
Loans
$25.6M
-11.8% in a year · -8.5% in a quarter
Profit so far
-$946K
Jan 1 to Jun 30, 1987
Capital ratio
3.69%
-3.08 pts in a year
Return on assets
-5.14%
-2.17 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 121 West Broadway, Drumright, OK, 74030
- County
- Creek
- Holding company
- Citizens Bank Holding Corp the
- Established
- Aug 1, 1932
- Failed
- Sep 24, 1987
- Employees
- 20
- Id
- b425
Quarter by quarter
March 31, 1984 to June 30, 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 The Citizens Bank?
$35.1 million in total assets and $33.4 million in deposits as of June 30, 1987, with assets down 12.6% from a year before. Its loans were $25.6 million.
Is The Citizens Bank profitable?
No: it lost $946,000 from January 1 to June 30, 1987. Its return on assets was -5.14% a year; about 1% is typical.
Who owns The Citizens Bank?
The Citizens Bank is owned by Citizens Bank Holding Corp the, its holding company.
When did The Citizens Bank fail?
Sep 24, 1987. American NB Of Bristow of Bristow, OK took over its deposits. The estimated cost of the failure was $14.6 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.