The First National Bank of Colbert
Colbert, OK · Owner: Colbert Bancshares Inc
$17.9M
total assets, December 31, 1989
$17.9M
total assets, December 31, 1989
The First National Bank of Colbert was a national bank in Colbert, OK, owned by Colbert Bancshares Inc. It failed on Feb 8, 1990, and The Durant Bank & Trust Com took over its deposits. At its last report it held $17.9 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Feb 8, 1990
- Assets
- $17.9M
- Deposits
- $16.5M
- Estimated cost
- $3.9M
- Deposits went to
- The Durant Bank & Trust Com, Durant, OK
Total assets
$17.9M
-3.9% in a year · -0.8% in a quarter
Deposits
$16.5M
-2.6% in a year · -1.0% in a quarter
Loans
$9.7M
+5.9% in a year · +1.7% in a quarter
Profit so far
-$193K
Jan 1 to Dec 31, 1989
Capital ratio
7.08%
-1.21 pts in a year
Return on assets
-1.07%
-0.49 pts in a year
Facts
- Type
- National bank
- Head office
- Main Street, Colbert, OK, 74733
- County
- Bryan
- Holding company
- Colbert Bancshares Inc
- Established
- Nov 1, 1905
- Failed
- Feb 8, 1990
- Employees
- 16
- Id
- b4237
Quarter by quarter
March 31, 1984 to December 31, 1989
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 of Colbert?
$17.9 million in total assets and $16.5 million in deposits as of December 31, 1989, with assets down 3.9% from a year before. Its loans were $9.74 million.
Is The First National Bank of Colbert profitable?
No: it lost $193,000 from January 1 to December 31, 1989. Its return on assets was -1.07% a year; about 1% is typical.
Who owns The First National Bank of Colbert?
The First National Bank of Colbert is owned by Colbert Bancshares Inc, its holding company.
When did The First National Bank of Colbert fail?
Feb 8, 1990. The Durant Bank & Trust Com of Durant, OK took over its deposits. The estimated cost of the failure was $3.90 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.