The Graveyard › Banks › 1988
First Bank & Trust
Tomball, TX · failed March 31, 1988 · FDIC certificate 20260
First Bank & Trust of Tomball, TX failed on March 31, 1988. It opened on September 28, 1970, 17 years before. At its last report before that it held $68.7 million in assets and $59.1 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $91.7 million. The FDIC estimates that the FDIC's insurance fund lost $18.7 million on it.
1984-031987-12
Assets at the end$68.7 millionlast report before March 31, 1988
Deposits at the end$59.1 million
Estimated loss to the fund$18.7 millionFDIC
Largest in the quarterly reports$91.7 millionMarch 31, 1986
Equity to assets4.7%December 31, 1987
Loans not being repaid16.7%noncurrent, December 31, 1987
Return on assets-2.75%a year's rate, December 31, 1987
Staff33full time, December 31, 1987
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion 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.