City National Bank of Plano
Plano, TX · Owner: United City Corp
$56.5M
total assets, September 30, 1989
$56.5M
total assets, September 30, 1989
City National Bank of Plano was a national bank in Plano, TX, owned by United City Corp. It failed on Nov 9, 1989, and Compass Bank - Plano took over its deposits. At its last report it held $56.5 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1989
This bank failed
- Failed on
- Nov 9, 1989
- Assets
- $56.5M
- Deposits
- $71.1M
- Estimated cost
- $32.8M
- Deposits went to
- Compass Bank - Plano, Plano, TX
Total assets
$56.5M
-36.6% in a year · -10.9% in a quarter
Deposits
$71.1M
-20.2% in a year · -6.8% in a quarter
Loans
$41.8M
-37.5% in a year · -12.8% in a quarter
Profit so far
-$11.4M
Jan 1 to Sep 30, 1989
Capital ratio
-26.70%
-25.06 pts in a year
Return on assets
-21.75%
-15.52 pts in a year
Facts
- Type
- National bank
- Head office
- 2830 West 15th Street, Plano, TX, 75074
- County
- Collin
- Holding company
- United City Corp
- Established
- Oct 3, 1977
- Failed
- Nov 9, 1989
- Employees
- 34
- Id
- b22530
Quarter by quarter
March 31, 1984 to September 30, 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 City National Bank of Plano?
$56.5 million in total assets and $71.1 million in deposits as of September 30, 1989, with assets down 36.6% from a year before. Its loans were $41.8 million.
Is City National Bank of Plano profitable?
No: it lost $11.4 million from January 1 to September 30, 1989. Its return on assets was -21.75% a year; about 1% is typical.
Who owns City National Bank of Plano?
City National Bank of Plano is owned by United City Corp, its holding company.
When did City National Bank of Plano fail?
Nov 9, 1989. Compass Bank - Plano of Plano, TX took over its deposits. The estimated cost of the failure was $32.8 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.