The Graveyard › Banks › 1988

First National Bank of Atascocita

Harris County, TX · failed September 1, 1988 · FDIC certificate 25101

First National Bank of Atascocita of Harris County, TX failed on September 1, 1988. It opened on April 5, 1984, 4 years before. At its last report before that it held $9.4 million in assets and $10.8 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $20.4 million. The FDIC estimates that the FDIC's insurance fund lost $2.8 million on it.

1984-061988-06

Assets at the end$9.4 millionlast report before September 1, 1988

Deposits at the end$10.8 million

Estimated loss to the fund$2.8 millionFDIC

Largest in the quarterly reports$20.4 millionJune 30, 1986

Equity to assets-16.7%June 30, 1988

Loans not being repaid6.6%noncurrent, June 30, 1988

Return on assets-13.70%a year's rate, June 30, 1988

Staff15full time, June 30, 1988

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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.