The Graveyard › Banks › 1988
Texas National Bank
Austin, TX · failed April 21, 1988 · FDIC certificate 25274
Texas National Bank of Austin, TX failed on April 21, 1988. It opened on July 20, 1984, 3 years before. At its last report before that it held $18.5 million in assets and $20.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1986, it held $30.0 million. The FDIC estimates that the FDIC's insurance fund lost $8.2 million on it.
1984-091987-12
Assets at the end$18.5 millionlast report before April 21, 1988
Deposits at the end$20.2 million
Estimated loss to the fund$8.2 millionFDIC
Largest in the quarterly reports$30.0 millionJune 30, 1986
Equity to assets-9.5%December 31, 1987
Loans not being repaid14.8%noncurrent, December 31, 1987
Return on assets-14.87%a year's rate, December 31, 1987
Staff13full time, December 31, 1987
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.