Bright Banc Savings Association
Dallas, TX
$2.8B
total assets, December 31, 1989
$2.8B
total assets, December 31, 1989
Bright Banc Savings Association was a savings and loan in Dallas, TX. It failed on Feb 10, 1989, and Banc One FSB took over its deposits. At its last report it held $4.4 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Feb 10, 1989
- Assets
- $4.4B
- Deposits
- $3.0B
- Estimated cost
- $1.3B
- Deposits went to
- Banc One FSB, Columbus, OH
Total assets
$2.8B
-35.5% in a year · -25.7% in a quarter
Deposits
$2.7B
-9.8% in a year · -1.0% in a quarter
Loans
$1.4B
-12.1% in a year · -9.8% in a quarter
Profit so far
-$457M
Jan 1 to Dec 31, 1989
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-11.86%
-5.08 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 2355 North Stemmons Suite 400, Dallas, TX, 75207
- County
- Dallas
- Established
- Jan 1, 1958
- Failed
- Feb 2, 1990
- Id
- b31095
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 Bright Banc Savings Association?
$2.8 billion in total assets and $2.7 billion in deposits as of December 31, 1989, with assets down 35.5% from a year before. Its loans were $1.4 billion.
Is Bright Banc Savings Association profitable?
No: it lost $457.0 million from January 1 to December 31, 1989. Its return on assets was -11.86% a year; about 1% is typical.
When did Bright Banc Savings Association fail?
Feb 10, 1989. Banc One FSB of Columbus, OH took over its deposits. The estimated cost of the failure was $1.3 billion.
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.