$26.3M
total assets, March 31, 1988
Allen National Bank was a national bank in Allen, TX. It failed on Jul 14, 1988, and Benchmark Bank took over its deposits. At its last report it held $26.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1988
This bank failed
- Failed on
- Jul 14, 1988
- Assets
- $26.3M
- Deposits
- $26.2M
- Estimated cost
- $7.1M
- Deposits went to
- Benchmark Bank, Quinlan, TX
Total assets
$26.3M
+2.8% in a year · -0.8% in a quarter
Deposits
$26.2M
+9.0% in a year · +3.8% in a quarter
Loans
$18.2M
-10.0% in a year · -8.6% in a quarter
Profit so far
-$1.2M
Jan 1 to Mar 31, 1988
Capital ratio
-0.51%
-5.81 pts in a year
Return on assets
-18.09%
-17.64 pts in a year
Facts
- Type
- National bank
- Head office
- 1023 South Greenville, Allen, TX, 75002
- County
- Collin
- Established
- Feb 21, 1981
- Failed
- Jul 14, 1988
- Employees
- 24
- Id
- b23380
Quarter by quarter
March 31, 1984 to March 31, 1988
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 Allen National Bank?
$26.3 million in total assets and $26.2 million in deposits as of March 31, 1988, with assets up 2.8% from a year before. Its loans were $18.2 million.
Is Allen National Bank profitable?
No: it lost $1.20 million from January 1 to March 31, 1988. Its return on assets was -18.09% a year; about 1% is typical.
When did Allen National Bank fail?
Jul 14, 1988. Benchmark Bank of Quinlan, TX took over its deposits. The estimated cost of the failure was $7.10 million.
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.