$54.0M
total assets, March 31, 1988
Century National Bank was a national bank in Austin, TX. It failed on Jun 16, 1988, and Community National Bank took over its deposits. At its last report it held $54.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1988
This bank failed
- Failed on
- Jun 16, 1988
- Assets
- $54.0M
- Deposits
- $56.1M
- Estimated cost
- $13.8M
- Deposits went to
- Community National Bank, Austin, TX
Total assets
$54.0M
-3.4% in a year · -1.7% in a quarter
Deposits
$56.1M
+13.2% in a year · +3.7% in a quarter
Loans
$30.6M
-32.1% in a year · -2.3% in a quarter
Profit so far
-$785K
Jan 1 to Mar 31, 1988 · -436.9% in a year
Capital ratio
-4.19%
-7.09 pts in a year
Return on assets
-5.76%
-7.46 pts in a year
Facts
- Type
- National bank
- Head office
- 9626 North Lamar Boulevard, Austin, TX, 78761
- County
- Travis
- Established
- Jan 4, 1983
- Failed
- Jun 16, 1988
- Employees
- 38
- Id
- b24300
Quarter by quarter
March 31, 1984 to March 31, 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 Century National Bank?
$54.0 million in total assets and $56.1 million in deposits as of March 31, 1988, with assets down 3.4% from a year before. Its loans were $30.6 million.
Is Century National Bank profitable?
No: it lost $785,000 from January 1 to March 31, 1988. Its return on assets was -5.76% a year; about 1% is typical.
When did Century National Bank fail?
Jun 16, 1988. Community National Bank of Austin, TX took over its deposits. The estimated cost of the failure was $13.8 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.