Commercial State Bank
Houston, TX · Owner: Commercial State Bcorp
$49.2M
total assets, September 30, 1988
$49.2M
total assets, September 30, 1988
Commercial State Bank was a state nonmember bank in Houston, TX, owned by Commercial State Bcorp. It failed on Jan 12, 1989, and Channelview Bank took over its deposits. At its last report it held $49.2 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1988
This bank failed
- Failed on
- Jan 12, 1989
- Assets
- $49.2M
- Deposits
- $48.6M
- Estimated cost
- $4.8M
- Deposits went to
- Channelview Bank, Channelview, TX
Total assets
$49.2M
-16.0% in a year · -8.5% in a quarter
Deposits
$48.6M
-10.6% in a year · -5.0% in a quarter
Loans
$22.5M
-28.7% in a year · -16.6% in a quarter
Profit so far
-$864K
Jan 1 to Sep 30, 1988
Capital ratio
-0.10%
-5.72 pts in a year
Return on assets
-2.13%
-0.33 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 9111 Eastex Parkway, Houston, TX, 77293
- County
- Harris
- Holding company
- Commercial State Bcorp
- Established
- Sep 12, 1947
- Failed
- Jan 12, 1989
- Employees
- 39
- Id
- b16837
Quarter by quarter
March 31, 1984 to September 30, 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 Commercial State Bank?
$49.2 million in total assets and $48.6 million in deposits as of September 30, 1988, with assets down 16.0% from a year before. Its loans were $22.5 million.
Is Commercial State Bank profitable?
No: it lost $864,000 from January 1 to September 30, 1988. Its return on assets was -2.13% a year; about 1% is typical.
Who owns Commercial State Bank?
Commercial State Bank is owned by Commercial State Bcorp, its holding company.
When did Commercial State Bank fail?
Jan 12, 1989. Channelview Bank of Channelview, TX took over its deposits. The estimated cost of the failure was $4.84 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.