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Article: OKLAHOMA COUNTY BANKS SHOW COMBINED $9.7 MILLION NET LOSS / FOR FIRST SIX MONTHS
- Article from:
- THE JOURNAL RECORD
- Article date:
- October 24, 1987
- Author:
CopyrightCopyright (null) The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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The 63 Oklahoma County banks combined for a net loss of $9.7 million
for the first six months of 1987, according to a report by Sheshunoff
& Co. of Austin, Texas.
That included a net loss of $13.49 million in the second
quarter, after the Oklahoma County banks reported a first quarter
net income of $3.7 million, the highest net income for any of the 77
counties in the state, according to the report.
County banks went from having the best results in the state for
the quarter to the third worst for the first six months, according
to the report, which includes results before extraordinary items for
net income.
Only Tulsa County, where the 49 banks reported a combined net
loss of $32 ...