The Graveyard › Banks › 1986
National Bank of Texas
Austin, TX · failed July 2, 1986 · FDIC certificate 21676
National Bank of Texas of Austin, TX failed on July 2, 1986. It opened on July 3, 1974, 11 years before. At its last report before that it held $33.4 million in assets and $31.7 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $38.0 million. The FDIC estimates that the FDIC's insurance fund lost $14.5 million on it.
1984-031986-03
Assets at the end$33.4 millionlast report before July 2, 1986
Deposits at the end$31.7 million
Estimated loss to the fund$14.5 millionFDIC
Largest in the quarterly reports$38.0 millionMarch 31, 1985
Equity to assets4.4%March 31, 1986
Loans not being repaid13.4%noncurrent, March 31, 1986
Return on assets0.00%a year's rate, March 31, 1986
Staff20full time, March 31, 1986
Also ended in 1986
- Western S&LA · Dallas, TX · $2.0 billion in assets
- The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
- Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
- National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
- Mainland S&LA · Houston, TX · $1.0 billion in assets
- American Diversified Savings Bank · Costa Mesa · $978.6 million 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.