The Graveyard › Banks › 1993
Westheimer National Bank
Houston, TX · failed July 1, 1993 · FDIC certificate 24846
Westheimer National Bank of Houston, TX failed on July 1, 1993. It opened on October 24, 1983, 9 years before. At its last report before that it held $27.9 million in assets and $28.1 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1991, it held $40.2 million. The FDIC estimates that the Bank Insurance Fund lost $8.2 million on it.
1984-031993-03
Assets at the end$27.9 millionlast report before July 1, 1993
Deposits at the end$28.1 million
Estimated loss to the fund$8.2 millionBIF
Largest in the quarterly reports$40.2 millionSeptember 30, 1991
Equity to assets-1.1%March 31, 1993
Loans not being repaid3.5%noncurrent, March 31, 1993
Return on assets-44.89%a year's rate, March 31, 1993
Staff20full time, March 31, 1993
Also ended in 1993
- Western FSB · Marina Del Ray, CA · $3.8 billion in assets
- Old Stone SB · Providence, RI · $1.8 billion in assets
- New England Savings Bank · New London, CT · $914.9 million in assets
- First National Bank of Vermont · Bradford, VT · $295.8 million in assets
- The Bank of San Diego · San Diego, CA · $294.3 million in assets
- Jefferson National Bank · Watertown, NY · $256.0 million in assets
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.