Commercial State Bank
San Augustine, TX · Owner: San Augustine Bancshares Inc
$25.6M
total assets, June 30, 1988
$25.6M
total assets, June 30, 1988
Commercial State Bank was a state nonmember bank in San Augustine, TX, owned by San Augustine Bancshares Inc. It failed on Sep 1, 1988, and Hamilton National Bank took over its deposits. At its last report it held $25.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Sep 1, 1988
- Assets
- $25.6M
- Deposits
- $26.1M
- Estimated cost
- $1.7M
- Deposits went to
- Hamilton National Bank, Hamilton, TX
Total assets
$25.6M
-18.9% in a year · -9.1% in a quarter
Deposits
$26.1M
-12.1% in a year · -5.7% in a quarter
Loans
$10.4M
-26.8% in a year · -0.8% in a quarter
Profit so far
-$1.6M
Jan 1 to Jun 30, 1988
Capital ratio
-2.74%
-7.47 pts in a year
Return on assets
-11.28%
-7.56 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 102 West Columbia, San Augustine, TX, 75972
- County
- San Augustine
- Holding company
- San Augustine Bancshares Inc
- Established
- Jun 22, 1925
- Failed
- Sep 1, 1988
- Employees
- 16
- Id
- b12312
Quarter by quarter
March 31, 1984 to June 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?
$25.6 million in total assets and $26.1 million in deposits as of June 30, 1988, with assets down 18.9% from a year before. Its loans were $10.4 million.
Is Commercial State Bank profitable?
No: it lost $1.58 million from January 1 to June 30, 1988. Its return on assets was -11.28% a year; about 1% is typical.
Who owns Commercial State Bank?
Commercial State Bank is owned by San Augustine Bancshares Inc, its holding company.
When did Commercial State Bank fail?
Sep 1, 1988. Hamilton National Bank of Hamilton, TX took over its deposits. The estimated cost of the failure was $1.74 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.