Alvord National Bank
Alvord, TX · Owner: Alvord Financial Corp
$7.6M
total assets, December 31, 1989
$7.6M
total assets, December 31, 1989
Alvord National Bank was a national bank in Alvord, TX, owned by Alvord Financial Corp. It failed on Mar 29, 1990, and The First National Bank Of took over its deposits. At its last report it held $7.62 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Mar 29, 1990
- Assets
- $7.6M
- Deposits
- $7.7M
- Estimated cost
- $496K
- Deposits went to
- The First National Bank Of, Bowie, TX
Total assets
$7.6M
-7.5% in a year · -2.3% in a quarter
Deposits
$7.7M
-7.7% in a year · -1.9% in a quarter
Loans
$3.9M
-15.9% in a year · -3.6% in a quarter
Profit so far
$17K
Jan 1 to Dec 31, 1989
Capital ratio
-1.16%
+0.11 pts in a year
Return on assets
0.21%
+0.40 pts in a year
Facts
- Type
- National bank
- Head office
- Wickham Street, Alvord, TX, 76225
- County
- Wise
- Holding company
- Alvord Financial Corp
- Established
- Jan 16, 1908
- Failed
- Mar 29, 1990
- Employees
- 7
- Id
- b3071
Quarter by quarter
March 31, 1984 to December 31, 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 Alvord National Bank?
$7.62 million in total assets and $7.66 million in deposits as of December 31, 1989, with assets down 7.5% from a year before. Its loans were $3.94 million.
Is Alvord National Bank profitable?
Yes: it earned $17,000 from January 1 to December 31, 1989. Its return on assets was 0.21% a year; about 1% is typical.
Who owns Alvord National Bank?
Alvord National Bank is owned by Alvord Financial Corp, its holding company.
When did Alvord National Bank fail?
Mar 29, 1990. The First National Bank Of of Bowie, TX took over its deposits. The estimated cost of the failure was $495,560.
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.