The Graveyard › Banks › 1992
First National Bank of Texas
Webster, TX · failed July 23, 1992 · FDIC certificate 26676
First National Bank of Texas of Webster, TX failed on July 23, 1992. It opened on May 27, 1986, 6 years before. At its last report before that it held $92.1 million in assets and $91.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $145.9 million. The FDIC estimates that the Bank Insurance Fund lost $14.2 million on it.
1986-061992-03
Assets at the end$92.1 millionlast report before July 23, 1992
Deposits at the end$91.3 million
Estimated loss to the fund$14.2 millionBIF
Largest in the quarterly reports$145.9 millionJune 30, 1989
Equity to assets-0.3%March 31, 1992
Loans not being repaid10.0%noncurrent, March 31, 1992
Return on assets-2.01%a year's rate, March 31, 1992
Staff45full time, March 31, 1992
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 billion in assets
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.