$19.0M
total assets, December 31, 1990
Community National Bank was a national bank in Sherman, TX. It failed on Apr 18, 1991, and American Bank Of Sherman, N took over its deposits. At its last report it held $19.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Apr 18, 1991
- Assets
- $19.0M
- Deposits
- $18.9M
- Estimated cost
- $2.7M
- Deposits went to
- American Bank Of Sherman, N, Sherman, TX
Total assets
$19.0M
-5.6% in a year · -5.6% in a quarter
Deposits
$18.9M
-1.2% in a year · -2.7% in a quarter
Loans
$9.3M
-17.6% in a year · -10.3% in a quarter
Profit so far
-$910K
Jan 1 to Dec 31, 1990
Capital ratio
-0.20%
-4.59 pts in a year
Return on assets
-4.56%
-2.66 pts in a year
Facts
- Type
- National bank
- Head office
- 600 Taylor Street, Sherman, TX, 75090
- County
- Grayson
- Established
- Apr 30, 1984
- Failed
- Apr 18, 1991
- Employees
- 18
- Id
- b25120
Quarter by quarter
June 30, 1984 to December 31, 1990
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 Community National Bank?
$19.0 million in total assets and $18.9 million in deposits as of December 31, 1990, with assets down 5.6% from a year before. Its loans were $9.27 million.
Is Community National Bank profitable?
No: it lost $910,000 from January 1 to December 31, 1990. Its return on assets was -4.56% a year; about 1% is typical.
When did Community National Bank fail?
Apr 18, 1991. American Bank Of Sherman, N of Sherman, TX took over its deposits. The estimated cost of the failure was $2.73 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.