Farmers State Bank of Shiro, Texas
Shiro, TX
$4.6M
total assets, September 30, 1989
$4.6M
total assets, September 30, 1989
Farmers State Bank of Shiro, Texas was a state nonmember bank in Shiro, TX. It failed on Jan 25, 1990, and The First National Bank Of took over its deposits. At its last report it held $4.60 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1989
This bank failed
- Failed on
- Jan 25, 1990
- Assets
- $4.6M
- Deposits
- $4.4M
- Estimated cost
- $2.1M
- Deposits went to
- The First National Bank Of, Anderson, TX
Total assets
$4.6M
-0.7% in a year · -4.3% in a quarter
Deposits
$4.4M
+1.8% in a year · -3.8% in a quarter
Loans
$3.1M
-5.1% in a year · -3.2% in a quarter
Profit so far
-$202K
Jan 1 to Sep 30, 1989
Capital ratio
-1.62%
-7.51 pts in a year
Return on assets
-5.74%
-4.94 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Shiro, TX, 77876
- County
- Grimes
- Established
- Jun 27, 1911
- Failed
- Jan 25, 1990
- Employees
- 5
- Id
- b1215
Quarter by quarter
March 31, 1984 to September 30, 1989
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 Farmers State Bank of Shiro, Texas?
$4.60 million in total assets and $4.40 million in deposits as of September 30, 1989, with assets down 0.7% from a year before. Its loans were $3.08 million.
Is Farmers State Bank of Shiro, Texas profitable?
No: it lost $202,000 from January 1 to September 30, 1989. Its return on assets was -5.74% a year; about 1% is typical.
When did Farmers State Bank of Shiro, Texas fail?
Jan 25, 1990. The First National Bank Of of Anderson, TX took over its deposits. The estimated cost of the failure was $2.12 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.