Collin County State Bank
Melissa, TX
$12.5M
total assets, December 31, 1987
$12.5M
total assets, December 31, 1987
Collin County State Bank was a state nonmember bank in Melissa, TX. It failed on Feb 25, 1988, and Willow Bend National Ban took over its deposits. At its last report it held $12.5 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Feb 25, 1988
- Assets
- $12.5M
- Deposits
- $12.6M
- Estimated cost
- $3.4M
- Deposits went to
- Willow Bend National Ban, Plano, TX
Total assets
$12.5M
-35.0% in a year · -14.3% in a quarter
Deposits
$12.6M
-26.3% in a year · -7.7% in a quarter
Loans
$8.7M
-37.7% in a year · -13.0% in a quarter
Profit so far
-$2.4M
Jan 1 to Dec 31, 1987
Capital ratio
-2.00%
-11.99 pts in a year
Return on assets
-14.97%
-14.31 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Highways 121 And 5, Melissa, TX, 75071
- County
- Collin
- Established
- Nov 5, 1984
- Failed
- Feb 25, 1988
- Employees
- 13
- Id
- b25743
Quarter by quarter
December 31, 1984 to December 31, 1987
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 Collin County State Bank?
$12.5 million in total assets and $12.6 million in deposits as of December 31, 1987, with assets down 35.0% from a year before. Its loans were $8.68 million.
Is Collin County State Bank profitable?
No: it lost $2.42 million from January 1 to December 31, 1987. Its return on assets was -14.97% a year; about 1% is typical.
When did Collin County State Bank fail?
Feb 25, 1988. Willow Bend National Ban of Plano, TX took over its deposits. The estimated cost of the failure was $3.43 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.