The First National Bank and Trust Company of Cushing
Cushing, OK · Owner: Bancoklahoma Corp
$60.3M
total assets, December 31, 1987
$60.3M
total assets, December 31, 1987
The First National Bank and Trust Company of Cushing was a national bank in Cushing, OK, owned by Bancoklahoma Corp. It failed on Mar 10, 1988, and American NB Of Bristow took over its deposits. At its last report it held $60.3 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Mar 10, 1988
- Assets
- $60.3M
- Deposits
- $61.2M
- Estimated cost
- $20.0M
- Deposits went to
- American NB Of Bristow, Bristow, OK
Total assets
$60.3M
-15.8% in a year · -1.0% in a quarter
Deposits
$61.2M
-12.5% in a year · -1.6% in a quarter
Loans
$36.6M
-20.0% in a year · -1.3% in a quarter
Profit so far
-$3.4M
Jan 1 to Dec 31, 1987
Capital ratio
-3.86%
-5.31 pts in a year
Return on assets
-5.31%
-4.11 pts in a year
Facts
- Type
- National bank
- Head office
- 300 North Harrison, Cushing, OK, 74023
- County
- Payne
- Holding company
- Bancoklahoma Corp
- Established
- Jan 1, 1897
- Failed
- Mar 10, 1988
- Employees
- 33
- Id
- b4074
Quarter by quarter
March 31, 1984 to December 31, 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 First National Bank and Trust Company of Cushing?
$60.3 million in total assets and $61.2 million in deposits as of December 31, 1987, with assets down 15.8% from a year before. Its loans were $36.6 million.
Is The First National Bank and Trust Company of Cushing profitable?
No: it lost $3.42 million from January 1 to December 31, 1987. Its return on assets was -5.31% a year; about 1% is typical.
Who owns The First National Bank and Trust Company of Cushing?
The First National Bank and Trust Company of Cushing is owned by Bancoklahoma Corp, its holding company.
When did The First National Bank and Trust Company of Cushing fail?
Mar 10, 1988. American NB Of Bristow of Bristow, OK took over its deposits. The estimated cost of the failure was $20.0 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.