Citizens Security Bank, a Federal Savings Bank
Borger, TX
$34.1M
total assets, December 31, 1990
$34.1M
total assets, December 31, 1990
Citizens Security Bank, a Federal Savings Bank was a savings bank in Borger, TX. It failed on Mar 22, 1991, and Amarillo NB took over its deposits. At its last report it held $34.1 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Mar 22, 1991
- Assets
- $34.1M
- Deposits
- $28.2M
- Estimated cost
- $6.2M
- Deposits went to
- Amarillo NB, Amarillo, TX
Total assets
$34.1M
-10.3% in a year · -1.8% in a quarter
Deposits
$28.2M
+6.5% in a year · -2.0% in a quarter
Loans
$15.8M
-6.7% in a year · -3.8% in a quarter
Profit so far
-$258K
Jan 1 to Dec 31, 1990 · -308.1% in a year
Capital ratio
-1.91%
-1.91 pts in a year
Return on assets
-0.71%
-1.06 pts in a year
Facts
- Type
- Savings bank
- Head office
- 516 North Deahl, Borger, TX, 79007
- County
- Hutchinson
- Established
- Jan 1, 1979
- Failed
- Mar 22, 1991
- Employees
- 12
- Id
- b32175
Quarter by quarter
March 31, 1984 to December 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 Citizens Security Bank, a Federal Savings Bank?
$34.1 million in total assets and $28.2 million in deposits as of December 31, 1990, with assets down 10.3% from a year before. Its loans were $15.8 million.
Is Citizens Security Bank, a Federal Savings Bank profitable?
No: it lost $258,000 from January 1 to December 31, 1990. Its return on assets was -0.71% a year; about 1% is typical.
When did Citizens Security Bank, a Federal Savings Bank fail?
Mar 22, 1991. Amarillo NB of Amarillo, TX took over its deposits. The estimated cost of the failure was $6.16 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.