The Graveyard › Banks › 1988

Sam Houston National Bank of Walker

Huntsville, TX · failed January 21, 1988 · FDIC certificate 23971

Sam Houston National Bank of Walker of Huntsville, TX failed on January 21, 1988. It opened on July 6, 1982, 5 years before. At its last report before that it held $37.6 million in assets and $38.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $56.1 million. The FDIC estimates that the FDIC's insurance fund lost $17.1 million on it.

1984-031987-09

Assets at the end$37.6 millionlast report before January 21, 1988

Deposits at the end$38.3 million

Estimated loss to the fund$17.1 millionFDIC

Largest in the quarterly reports$56.1 millionSeptember 30, 1984

Equity to assets-2.5%September 30, 1987

Loans not being repaid15.2%noncurrent, September 30, 1987

Return on assets-0.57%a year's rate, September 30, 1987

Staff32full time, September 30, 1987

On the FDIC's list: SAM HOUSTON NAT'L BANK OF WALKER.

Could you have seen it coming? Play Black Monday

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.