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Search National Bank

Dallas, TX · failed March 1, 1990 · FDIC certificate 26608

Search National Bank of Dallas, TX failed on March 1, 1990. It opened on March 12, 1986, 3 years before. At its last report before that it held $21.2 million in assets and $22.2 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1988, it held $34.7 million. The FDIC estimates that the Bank Insurance Fund lost $6.9 million on it.

1986-031989-12
Assets at the end$21.2 millionlast report before March 1, 1990
Deposits at the end$22.2 million
Estimated loss to the fund$6.9 millionBIF
Largest in the quarterly reports$34.7 millionMarch 31, 1988
Equity to assets-5.8%December 31, 1989
Loans not being repaid6.5%noncurrent, December 31, 1989
Return on assets-4.90%a year's rate, December 31, 1989
Staff12full time, December 31, 1989
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Also ended in 1990

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.