Data / Bank failures / 1990 / Brookwood National Bank
Brookwood National Bank, Oklahoma City, OK: failed June 28, 1990
Brookwood National Bank in Oklahoma City, Oklahoma, failed on June 28, 1990. The Liberty National Bank A of Oklahoma City, OK, took over its deposits. It held $26.9 million in assets and $26.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $5.6 million (20.9% of its assets). By assets it was the 286th largest of 382 banks closed or assisted in 1990.
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The FDIC's record
- Closed
- June 28, 1990
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- The Liberty National Bank A, Oklahoma City, OK
- Total assets
- $26,870,000
- Total deposits
- $26,784,000
- Estimated cost to the FDIC
- $5,619,597 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- BIF
- FDIC certificate
- 23887
Other bank failures in Oklahoma, 1988 to 1992
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| American Bank of Commerce | Oklahoma City | March 26, 1992 | $13.5 million | $13.8 million | $2.3 million | Rockwell Bank National A |
| 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 |
Other failed banks The Liberty National Bank A took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| North Bank, National Association | Oklahoma City | OK | October 12, 1989 | $12.4 million | $12.9 million | $1.1 million | The Liberty National Bank A |
All bank failures in 1990 · All bank failures in Oklahoma · Every failed bank The Liberty National Bank A 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.