The Graveyard › Banks › 1987

Banctexas Northside Houston, N.A

Houston · assisted July 17, 1987 · FDIC certificate 23235

Banctexas Northside Houston, N.A of Houston was given assistance by the FDIC on July 17, 1987. The FDIC's list records an assistance transaction, not a closing. It opened on November 10, 1980, 6 years before. At its last report before that it held $61.1 million in assets and $60.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $87.0 million. The FDIC estimates that the FDIC's insurance fund lost $9.0 million on it.

1984-031987-03

Assets at the end$61.1 millionlast report before July 17, 1987

Deposits at the end$60.7 million

Estimated loss to the fund$9.0 millionFDIC

Largest in the quarterly reports$87.0 millionJune 30, 1986

Equity to assets-0.5%March 31, 1987

Loans not being repaid10.9%noncurrent, March 31, 1987

Return on assets-5.39%a year's rate, March 31, 1987

Staff23full time, March 31, 1987

Could you have seen it coming? Play Black Monday

Also ended in 1987

Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
Freedom S&LA · Tampa, FL · $1.9 billion in assets
Vernon S&LA · Vernon, TX · $1.3 billion in assets
Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
Independent American SA · Irving, TX · $1.0 billion in assets
First Financial Bank, FSB · New Orleans · $744.9 million in assets · assisted

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.