The Farmers National Bank of Erick
Erick, OK · Owner: Farmers Erick Bancshares Inc
$16.8M
total assets, December 31, 1984
$16.8M
total assets, December 31, 1984
The Farmers National Bank of Erick was a national bank in Erick, OK, owned by Farmers Erick Bancshares Inc. It failed on Feb 7, 1985, and First American Bank took over its deposits. At its last report it held $16.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1984
This bank failed
- Failed on
- Feb 7, 1985
- Assets
- $16.8M
- Deposits
- $17.3M
- Estimated cost
- $3.6M
- Deposits went to
- First American Bank, Erick, OK
Total assets
$16.8M
vs a year before: - · -15.4% in a quarter
Deposits
$17.3M
vs a year before: - · -5.9% in a quarter
Loans
$9.8M
vs a year before: - · -11.6% in a quarter
Profit so far
-$2.2M
Jan 1 to Dec 31, 1984
Capital ratio
-5.46%
Return on assets
-11.19%
Yearly rate
Facts
- Type
- National bank
- Head office
- Main Street, Erick, OK, 73645
- County
- Beckham
- Holding company
- Farmers Erick Bancshares Inc
- Established
- May 26, 1922
- Failed
- Feb 7, 1985
- Employees
- 15
- Id
- b4093
Quarter by quarter
March 31, 1984 to December 31, 1984
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 4
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 Erick?
$16.8 million in total assets and $17.3 million in deposits as of December 31, 1984. Its loans were $9.80 million.
Is The Farmers National Bank of Erick profitable?
No: it lost $2.18 million from January 1 to December 31, 1984. Its return on assets was -11.19% a year; about 1% is typical.
Who owns The Farmers National Bank of Erick?
The Farmers National Bank of Erick is owned by Farmers Erick Bancshares Inc, its holding company.
When did The Farmers National Bank of Erick fail?
Feb 7, 1985. First American Bank of Erick, OK took over its deposits. The estimated cost of the failure was $3.64 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.