Data / Bank failures / 1986 / Bank of Oklahoma, Okla. City, N.A.
Bank of Oklahoma, Okla. City, N.A., Oklahoma City, OK: received FDIC assistance November 24, 1986
Bank of Oklahoma, Okla. City, N.A. in Oklahoma City, Oklahoma, received open bank assistance from the FDIC on November 24, 1986. It held $468.2 million in assets and $349.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $78.8 million (16.8% of its assets). By assets it was the 14th largest of 204 banks closed or assisted in 1986.
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The FDIC's record
- Closed
- November 24, 1986
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Bank of Oklahoma NA, Tulsa, OK
- Total assets
- $468,166,000
- Total deposits
- $349,863,000
- Estimated cost to the FDIC
- $78,778,476 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
- FDIC certificate
- 4166
Other bank failures in Oklahoma, 1984 to 1988
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First Southwest Bank | Eldorado | December 16, 1988 | $9.8 million | $9.7 million | $2.4 million | First State BANK&TRUST C |
| First Bank & Trust Co. | Duncan | December 8, 1988 | $42 million | $45.2 million | $9.6 million | First BANK&TRUST Co |
| Waukomis State Bank | Waukomis | December 8, 1988 | $12 million | $11.9 million | $1.6 million | Cimarron Bank |
| Alliance Bank, N.A. (assistance) | Oklahoma City | November 16, 1988 | $8.9 million | $11.9 million | $4.1 million | First National Bank |
| Bank of the Northwest | Woodward | November 10, 1988 | $19.5 million | $18 million | $4.6 million | Bank of Woodward |
| Miami National Bank | Miami | November 10, 1988 | $9.2 million | $9.6 million | $2.4 million | Bank of Miami |
| The First National Bank of Gracemont | Gracemont | November 10, 1988 | $6.6 million | $6.8 million | $1 million | First State Bank |
| Medical Center State Bank | Oklahoma City | October 27, 1988 | $8.7 million | $8.6 million | $2.1 million | American State Bank |
Other failed banks Bank of Oklahoma NA took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| American Exchange Bank & Trust Co | Norman | OK | August 20, 1987 | $87.8 million | $95.8 million | $40.6 million | Bank of Oklahoma NA |
| The First National Bank of Yukon | Yukon | OK | July 30, 1987 | $40.3 million | $41.9 million | $8.8 million | Bank of Oklahoma NA |
All bank failures in 1986 · All bank failures in Oklahoma · Every failed bank Bank of Oklahoma NA took over · 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.