The Graveyard › Banks › 1988
Lone Star Bank
Harris County (Bayto, TX · failed May 26, 1988 · FDIC certificate 23416
Lone Star Bank of Harris County (Bayto, TX failed on May 26, 1988. It opened on May 6, 1981, 7 years before. At its last report before that it held $13.0 million in assets and $13.0 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1986, it held $19.6 million. The FDIC estimates that the FDIC's insurance fund lost $3.0 million on it.
1984-031988-03
Assets at the end$13.0 millionlast report before May 26, 1988
Deposits at the end$13.0 million
Estimated loss to the fund$3.0 millionFDIC
Largest in the quarterly reports$19.6 millionSeptember 30, 1986
Equity to assets-3.5%March 31, 1988
Loans not being repaid7.8%noncurrent, March 31, 1988
Return on assets-13.62%a year's rate, March 31, 1988
Staff14full time, March 31, 1988
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.