$34.5M
total assets, June 30, 1987
Bank of North America was a state nonmember bank in Houston, TX. It failed on Aug 27, 1987, and Texas Commerce Bank Na took over its deposits. At its last report it held $34.5 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Aug 27, 1987
- Assets
- $34.5M
- Deposits
- $31.2M
- Estimated cost
- $10.2M
- Deposits went to
- Texas Commerce Bank Na, Houston, TX
Total assets
$34.5M
-1.8% in a year · 0.0% in a quarter
Deposits
$31.2M
-0.3% in a year · -0.3% in a quarter
Loans
$23.0M
+9.6% in a year · +5.0% in a quarter
Profit so far
-$229K
Jan 1 to Jun 30, 1987
Capital ratio
4.42%
-0.77 pts in a year
Return on assets
-1.34%
+7.49 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 9100 Airport Boulevard, Houston, TX, 77234
- County
- Harris
- Established
- Oct 1, 1959
- Failed
- Aug 27, 1987
- Employees
- 34
- Id
- b18088
Quarter by quarter
March 31, 1984 to June 30, 1987
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 Bank of North America?
$34.5 million in total assets and $31.2 million in deposits as of June 30, 1987, with assets down 1.8% from a year before. Its loans were $23.0 million.
Is Bank of North America profitable?
No: it lost $229,000 from January 1 to June 30, 1987. Its return on assets was -1.34% a year; about 1% is typical.
When did Bank of North America fail?
Aug 27, 1987. Texas Commerce Bank Na of Houston, TX took over its deposits. The estimated cost of the failure was $10.2 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.