First Citizens Bank
Dallas, TX · Owner: WHC Corp
$113M
total assets, March 31, 1986
$113M
total assets, March 31, 1986
First Citizens Bank was a state nonmember bank in Dallas, TX, owned by WHC Corp. It failed on Aug 7, 1986, and Grand Bank Northeast took over its deposits. At its last report it held $112.7 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1986
This bank failed
- Failed on
- Aug 7, 1986
- Assets
- $113M
- Deposits
- $105M
- Estimated cost
- $16.1M
- Deposits went to
- Grand Bank Northeast, Dallas, TX
Total assets
$113M
-1.1% in a year · +1.5% in a quarter
Deposits
$105M
+0.2% in a year · +2.0% in a quarter
Loans
$73.4M
-9.0% in a year · -5.7% in a quarter
Profit so far
-$271K
Jan 1 to Mar 31, 1986 · -195.4% in a year
Capital ratio
6.23%
-0.93 pts in a year
Return on assets
-0.97%
-1.97 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 926 Lochwood Village, Dallas, TX, 75218
- County
- Dallas
- Holding company
- WHC Corp
- Established
- Mar 6, 1954
- Failed
- Aug 7, 1986
- Employees
- 90
- Id
- b17310
Quarter by quarter
March 31, 1984 to March 31, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 9
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First Citizens Bank?
$112.7 million in total assets and $105.4 million in deposits as of March 31, 1986, with assets down 1.1% from a year before. Its loans were $73.4 million.
Is First Citizens Bank profitable?
No: it lost $271,000 from January 1 to March 31, 1986. Its return on assets was -0.97% a year; about 1% is typical.
Who owns First Citizens Bank?
First Citizens Bank is owned by WHC Corp, its holding company.
When did First Citizens Bank fail?
Aug 7, 1986. Grand Bank Northeast of Dallas, TX took over its deposits. The estimated cost of the failure was $16.1 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.