First Bank National Association
Cleveland, OH · Owner: First Intercity Banc Corp
$33.1M
total assets, December 31, 1989
$33.1M
total assets, December 31, 1989
First Bank National Association was a national bank in Cleveland, OH, owned by First Intercity Banc Corp. It failed on Mar 9, 1990, and its insured deposits were paid out. At its last report it held $33.1 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Mar 9, 1990
- Assets
- $33.1M
- Deposits
- $32.1M
- Estimated cost
- $2.2M
- Deposits went to
- payout
Total assets
$33.1M
-18.7% in a year · -7.2% in a quarter
Deposits
$32.1M
-17.2% in a year · -6.0% in a quarter
Loans
$25.1M
-18.5% in a year · -2.0% in a quarter
Profit so far
-$1.3M
Jan 1 to Dec 31, 1989
Capital ratio
-9.93%
-7.05 pts in a year
Return on assets
-3.45%
+0.84 pts in a year
Facts
- Type
- National bank
- Head office
- 1 Terminal Tower, Cleveland, OH, 44101
- County
- Cuyahoga
- Holding company
- First Intercity Banc Corp
- Established
- Jun 17, 1974
- Failed
- Mar 9, 1990
- Employees
- 32
- Id
- b21630
Quarter by quarter
March 31, 1984 to December 31, 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 First Bank National Association?
$33.1 million in total assets and $32.1 million in deposits as of December 31, 1989, with assets down 18.7% from a year before. Its loans were $25.1 million.
Is First Bank National Association profitable?
No: it lost $1.28 million from January 1 to December 31, 1989. Its return on assets was -3.45% a year; about 1% is typical.
Who owns First Bank National Association?
First Bank National Association is owned by First Intercity Banc Corp, its holding company.
When did First Bank National Association fail?
Mar 9, 1990. The estimated cost of the failure was $2.20 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.