$35.3M
total assets, September 30, 1987
Commerce Bank of Plano was a state member bank in Plano, TX. It failed on Jan 7, 1988, and Quinlan State Bank took over its deposits. At its last report it held $35.3 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Jan 7, 1988
- Assets
- $35.3M
- Deposits
- $32.7M
- Estimated cost
- $23.6M
- Deposits went to
- Quinlan State Bank, Quinlan, TX
Total assets
$35.3M
+90.3% in a year · -10.1% in a quarter
Deposits
$32.7M
+105.1% in a year · -10.7% in a quarter
Loans
$32.0M
+140.2% in a year · +4.3% in a quarter
Profit so far
$22K
Jan 1 to Sep 30, 1987
Capital ratio
6.49%
-9.67 pts in a year
Return on assets
0.10%
+2.65 pts in a year
Facts
- Type
- State member bank
- Head office
- 901 West Parker Road, Plano, TX, 75023
- County
- Collin
- Established
- Feb 10, 1986
- Failed
- Jan 7, 1988
- Employees
- 20
- Id
- b26540
Quarter by quarter
March 31, 1986 to September 30, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 7
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Commerce Bank of Plano?
$35.3 million in total assets and $32.7 million in deposits as of September 30, 1987, with assets up 90.3% from a year before. Its loans were $32.0 million.
Is Commerce Bank of Plano profitable?
Yes: it earned $22,000 from January 1 to September 30, 1987. Its return on assets was 0.10% a year; about 1% is typical.
When did Commerce Bank of Plano fail?
Jan 7, 1988. Quinlan State Bank of Quinlan, TX took over its deposits. The estimated cost of the failure was $23.6 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.