The Farmers National Bank of Cordell
Cordell, OK · Owner: Farmers Bancshares Cordell Inc
$62.3M
total assets, September 30, 1987
$62.3M
total assets, September 30, 1987
The Farmers National Bank of Cordell was a national bank in Cordell, OK, owned by Farmers Bancshares Cordell Inc. It failed on Dec 3, 1987, and First NB Of Weatherford took over its deposits. At its last report it held $62.3 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Dec 3, 1987
- Assets
- $62.3M
- Deposits
- $60.3M
- Estimated cost
- $33.6M
- Deposits went to
- First NB Of Weatherford, Weatherford, OK
Total assets
$62.3M
+7.6% in a year · +3.9% in a quarter
Deposits
$60.3M
+4.0% in a year · -3.6% in a quarter
Loans
$46.2M
+3.7% in a year · +6.4% in a quarter
Profit so far
$125K
Jan 1 to Sep 30, 1987
Capital ratio
-4.88%
-1.92 pts in a year
Return on assets
0.27%
+13.23 pts in a year
Facts
- Type
- National bank
- Head office
- 124 East Main Street, Cordell, OK, 73632
- County
- Washita
- Holding company
- Farmers Bancshares Cordell Inc
- Established
- Jan 1, 1903
- Failed
- Dec 3, 1987
- Employees
- 31
- Id
- b4070
Quarter by quarter
March 31, 1984 to September 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 Farmers National Bank of Cordell?
$62.3 million in total assets and $60.3 million in deposits as of September 30, 1987, with assets up 7.6% from a year before. Its loans were $46.2 million.
Is The Farmers National Bank of Cordell profitable?
Yes: it earned $125,000 from January 1 to September 30, 1987. Its return on assets was 0.27% a year; about 1% is typical.
Who owns The Farmers National Bank of Cordell?
The Farmers National Bank of Cordell is owned by Farmers Bancshares Cordell Inc, its holding company.
When did The Farmers National Bank of Cordell fail?
Dec 3, 1987. First NB Of Weatherford of Weatherford, OK took over its deposits. The estimated cost of the failure was $33.6 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.