The First National Bank of Tipton
Tipton, OK · Owner: Tipton Bancshares Inc
$8.2M
total assets, June 30, 1987
$8.2M
total assets, June 30, 1987
The First National Bank of Tipton was a national bank in Tipton, OK, owned by Tipton Bancshares Inc. It failed on Sep 3, 1987, and First National Bank In A took over its deposits. At its last report it held $8.22 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Sep 3, 1987
- Assets
- $8.2M
- Deposits
- $7.2M
- Estimated cost
- $4.4M
- Deposits went to
- First National Bank In A, Altus, OK
Total assets
$8.2M
+6.6% in a year · +0.4% in a quarter
Deposits
$7.2M
+7.9% in a year · -3.0% in a quarter
Loans
$6.3M
+29.5% in a year · +5.9% in a quarter
Profit so far
-$18K
Jan 1 to Jun 30, 1987 · -120.5% in a year
Capital ratio
6.06%
-3.25 pts in a year
Return on assets
-0.45%
-2.77 pts in a year
Facts
- Type
- National bank
- Head office
- Main Street, Tipton, OK, 73570
- County
- Tillman
- Holding company
- Tipton Bancshares Inc
- Established
- Jan 1, 1917
- Failed
- Sep 3, 1987
- Employees
- 8
- Id
- b4210
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 First National Bank of Tipton?
$8.22 million in total assets and $7.25 million in deposits as of June 30, 1987, with assets up 6.6% from a year before. Its loans were $6.32 million.
Is The First National Bank of Tipton profitable?
No: it lost $18,000 from January 1 to June 30, 1987. Its return on assets was -0.45% a year; about 1% is typical.
Who owns The First National Bank of Tipton?
The First National Bank of Tipton is owned by Tipton Bancshares Inc, its holding company.
When did The First National Bank of Tipton fail?
Sep 3, 1987. First National Bank In A of Altus, OK took over its deposits. The estimated cost of the failure was $4.42 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.