Data / Bank failures / 1992 / Farmers & Merchants Bank
Farmers & Merchants Bank, Tryon, OK: failed March 19, 1992
Farmers & Merchants Bank in Tryon, Oklahoma, failed on March 19, 1992. Union NB of Chandler of Chandler, OK, took over its deposits. It held $4.3 million in assets and $4.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $939,612 (21.9% of its assets). By assets it was the 177th largest of 181 banks closed or assisted in 1992.
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The FDIC's record
- Closed
- March 19, 1992
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Union NB of Chandler, Chandler, OK
- Total assets
- $4,291,000
- Total deposits
- $4,139,000
- Estimated cost to the FDIC
- $939,612 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- BIF
- FDIC certificate
- 10668
Other bank failures in Oklahoma, 1990 to 1994
| 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 |
| 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.