East Texas State Bank
Buna, TX · Owner: First Eastex Bancshares Inc
$21.3M
total assets, September 30, 1988
$21.3M
total assets, September 30, 1988
East Texas State Bank was a state nonmember bank in Buna, TX, owned by First Eastex Bancshares Inc. It failed on Nov 17, 1988, and First NB Of Bonham took over its deposits. At its last report it held $21.3 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1988
This bank failed
- Failed on
- Nov 17, 1988
- Assets
- $21.3M
- Deposits
- $20.6M
- Estimated cost
- $4.7M
- Deposits went to
- First NB Of Bonham, Bonham, TX
Total assets
$21.3M
-21.6% in a year · -3.7% in a quarter
Deposits
$20.6M
-20.8% in a year · -3.2% in a quarter
Loans
$12.2M
-32.9% in a year · -12.3% in a quarter
Profit so far
-$275K
Jan 1 to Sep 30, 1988
Capital ratio
1.79%
-0.65 pts in a year
Return on assets
-1.60%
+6.70 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Buna, TX, 77612
- County
- Jasper
- Holding company
- First Eastex Bancshares Inc
- Established
- Aug 31, 1962
- Failed
- Nov 17, 1988
- Employees
- 19
- Id
- b18591
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 East Texas State Bank?
$21.3 million in total assets and $20.6 million in deposits as of September 30, 1988, with assets down 21.6% from a year before. Its loans were $12.2 million.
Is East Texas State Bank profitable?
No: it lost $275,000 from January 1 to September 30, 1988. Its return on assets was -1.60% a year; about 1% is typical.
Who owns East Texas State Bank?
East Texas State Bank is owned by First Eastex Bancshares Inc, its holding company.
When did East Texas State Bank fail?
Nov 17, 1988. First NB Of Bonham of Bonham, TX took over its deposits. The estimated cost of the failure was $4.67 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.