The Graveyard › Banks › 1988
National Bank of Texas
Houston, TX · failed May 19, 1988 · FDIC certificate 24559
National Bank of Texas of Houston, TX failed on May 19, 1988. It opened on June 10, 1983, 4 years before. At its last report before that it held $19.4 million in assets and $26.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $58.8 million. The FDIC estimates that the FDIC's insurance fund lost $13.6 million on it.
1984-031988-03
Assets at the end$19.4 millionlast report before May 19, 1988
Deposits at the end$26.1 million
Estimated loss to the fund$13.6 millionFDIC
Largest in the quarterly reports$58.8 millionDecember 31, 1985
Equity to assets-35.3%March 31, 1988
Loans not being repaid25.7%noncurrent, March 31, 1988
Return on assets-32.53%a year's rate, March 31, 1988
Staff12full 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.