$14.4M
total assets, March 31, 1990
Bank of Odessa was a state member bank in Odessa, TX. It failed on Jul 26, 1990, and Western National Bank took over its deposits. At its last report it held $14.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Jul 26, 1990
- Assets
- $14.4M
- Deposits
- $14.7M
- Estimated cost
- $3.9M
- Deposits went to
- Western National Bank, Odessa, TX
Total assets
$14.4M
-33.8% in a year · -32.6% in a quarter
Deposits
$14.7M
-29.1% in a year · -29.0% in a quarter
Loans
$9.1M
-28.5% in a year · -24.2% in a quarter
Profit so far
-$921K
Jan 1 to Mar 31, 1990 · -3275.9% in a year
Capital ratio
-3.26%
-7.04 pts in a year
Return on assets
-20.65%
-21.19 pts in a year
Facts
- Type
- State member bank
- Head office
- 1100 South Grant Avenue, Odessa, TX, 79761
- County
- Ector
- Established
- Apr 1, 1983
- Failed
- Jul 26, 1990
- Employees
- 19
- Id
- b24410
Quarter by quarter
March 31, 1984 to March 31, 1990
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 Odessa?
$14.4 million in total assets and $14.7 million in deposits as of March 31, 1990, with assets down 33.8% from a year before. Its loans were $9.06 million.
Is Bank of Odessa profitable?
No: it lost $921,000 from January 1 to March 31, 1990. Its return on assets was -20.65% a year; about 1% is typical.
When did Bank of Odessa fail?
Jul 26, 1990. Western National Bank of Odessa, TX took over its deposits. The estimated cost of the failure was $3.89 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.