The Graveyard › Banks › 1988
Texana National Bank of Belton
Belton, TX · failed December 1, 1988 · FDIC certificate 25606
Texana National Bank of Belton of Belton, TX failed on December 1, 1988. It opened on June 5, 1984, 4 years before. At its last report before that it held $19.5 million in assets and $19.1 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $26.7 million. The FDIC estimates that the FDIC's insurance fund lost $6.1 million on it.
1984-091988-09
Assets at the end$19.5 millionlast report before December 1, 1988
Deposits at the end$19.1 million
Estimated loss to the fund$6.1 millionFDIC
Largest in the quarterly reports$26.7 millionJune 30, 1986
Equity to assets1.0%September 30, 1988
Loans not being repaid11.8%noncurrent, September 30, 1988
Return on assets-1.35%a year's rate, September 30, 1988
Staff16full time, September 30, 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.