BancFirst - Westlake, National Association
Austin, TX
$15.0M
total assets, June 30, 1988
$15.0M
total assets, June 30, 1988
BancFirst - Westlake, National Association was a national bank in Austin, TX. It failed on Aug 25, 1988, and Union National Bank Of T took over its deposits. At its last report it held $15.0 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Aug 25, 1988
- Assets
- $15.0M
- Deposits
- $16.3M
- Estimated cost
- $5.0M
- Deposits went to
- Union National Bank Of T, Austin, TX
Total assets
$15.0M
-24.4% in a year · -9.8% in a quarter
Deposits
$16.3M
-13.1% in a year · -7.6% in a quarter
Loans
$11.8M
-13.1% in a year · -3.7% in a quarter
Profit so far
-$1.2M
Jan 1 to Jun 30, 1988
Capital ratio
-8.78%
-13.23 pts in a year
Return on assets
-14.38%
-10.93 pts in a year
Facts
- Type
- National bank
- Head office
- 1114 Lost Creek Boulevard, Austin, TX, 78764
- County
- Travis
- Established
- May 18, 1984
- Failed
- Aug 25, 1988
- Employees
- 13
- Id
- b25143
Quarter by quarter
June 30, 1984 to June 30, 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 BancFirst - Westlake, National Association?
$15.0 million in total assets and $16.3 million in deposits as of June 30, 1988, with assets down 24.4% from a year before. Its loans were $11.8 million.
Is BancFirst - Westlake, National Association profitable?
No: it lost $1.16 million from January 1 to June 30, 1988. Its return on assets was -14.38% a year; about 1% is typical.
When did BancFirst - Westlake, National Association fail?
Aug 25, 1988. Union National Bank Of T of Austin, TX took over its deposits. The estimated cost of the failure was $5.04 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.