$9.9M
total assets, September 30, 1989
Aledo State Bank was a state nonmember bank in Aledo, TX. It failed on Dec 7, 1989, and Citizens National Bank Of W took over its deposits. At its last report it held $9.93 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1989
This bank failed
- Failed on
- Dec 7, 1989
- Assets
- $9.9M
- Deposits
- $9.7M
- Estimated cost
- $407K
- Deposits went to
- Citizens National Bank Of W, Weatherford, TX
Total assets
$9.9M
+4.0% in a year · -5.0% in a quarter
Deposits
$9.7M
+7.9% in a year · -4.4% in a quarter
Loans
$5.4M
-19.3% in a year · -8.1% in a quarter
Profit so far
-$119K
Jan 1 to Sep 30, 1989
Capital ratio
1.46%
-1.22 pts in a year
Return on assets
-1.55%
+2.90 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Farm Road 5, North, Aledo, TX, 76008
- County
- Parker
- Established
- Jan 17, 1978
- Failed
- Dec 7, 1989
- Employees
- 8
- Id
- b22593
Quarter by quarter
March 31, 1984 to September 30, 1989
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Aledo State Bank?
$9.93 million in total assets and $9.72 million in deposits as of September 30, 1989, with assets up 4.0% from a year before. Its loans were $5.42 million.
Is Aledo State Bank profitable?
No: it lost $119,000 from January 1 to September 30, 1989. Its return on assets was -1.55% a year; about 1% is typical.
When did Aledo State Bank fail?
Dec 7, 1989. Citizens National Bank Of W of Weatherford, TX took over its deposits. The estimated cost of the failure was $406,520.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.