The Graveyard › Banks › 1987

Texas National Bank Westheimer

Houston, TX · failed May 28, 1987 · FDIC certificate 26199

Texas National Bank Westheimer of Houston, TX failed on May 28, 1987. It opened on March 28, 1985, 2 years before. At its last report before that it held $26.3 million in assets and $26.4 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $34.1 million. The FDIC estimates that the FDIC's insurance fund lost $18.1 million on it.

1985-031987-03

Assets at the end$26.3 millionlast report before May 28, 1987

Deposits at the end$26.4 million

Estimated loss to the fund$18.1 millionFDIC

Largest in the quarterly reports$34.1 millionMarch 31, 1986

Equity to assets-1.0%March 31, 1987

Loans not being repaid26.0%noncurrent, March 31, 1987

Return on assets-3.58%a year's rate, March 31, 1987

Staff14full time, March 31, 1987

On the FDIC's list: TEXAS NATIONAL BANK-WESTHEIMER.

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Also ended in 1987

Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
Freedom S&LA · Tampa, FL · $1.9 billion in assets
Vernon S&LA · Vernon, TX · $1.3 billion in assets
Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
Independent American SA · Irving, TX · $1.0 billion in assets
First Financial Bank, FSB · New Orleans · $744.9 million 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.