Data / Bank failures / 1992 / American Bank of Commerce
American Bank of Commerce, Oklahoma City, OK: failed March 26, 1992
American Bank of Commerce in Oklahoma City, Oklahoma, failed on March 26, 1992. Rockwell Bank National A of Oklahoma City, OK, took over its deposits. It held $13.5 million in assets and $13.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $2.3 million (16.7% of its assets). By assets it was the 170th largest of 181 banks closed or assisted in 1992.
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The FDIC's record
- Closed
- March 26, 1992
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Rockwell Bank National A, Oklahoma City, OK
- Total assets
- $13,481,000
- Total deposits
- $13,777,000
- Estimated cost to the FDIC
- $2,255,296 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- BIF
- FDIC certificate
- 20284
Other bank failures in Oklahoma, 1990 to 1994
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Farmers & Merchants Bank | Tryon | March 19, 1992 | $4.3 million | $4.1 million | $939,612 | Union NB of Chandler |
| First National Bank and Trust Co | Blackwell | August 29, 1991 | $33.5 million | $33.8 million | $1.1 million | Central National Bank & Tru |
| Clinton S & La | Clinton | July 19, 1991 | $22.2 million | $21.6 million | $2.4 million | Local Federal Bank, FSB |
| Red River FS & La | Lawton | April 26, 1991 | $422.2 million | $378.3 million | $-441,552 | |
| Chisholm FS & La | Kingfisher | April 19, 1991 | $154.4 million | $147.1 million | $-385,660 | |
| Cimarron Federal Savings | Muskogee | April 19, 1991 | $782 million | $713.9 million | $2 | |
| American Federal Bank | Ada | March 22, 1991 | $110.2 million | $90.4 million | $44.6 million | Home FS&LA of Ada |
| First Fsa of Chickasha | Chickasha | March 22, 1991 | $161.4 million | $153.1 million | $4.3 million |
All bank failures in 1992 · All bank failures in Oklahoma · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.