First City, Texas - Lake Jackson
Lake Jackson, TX · Owner: First City Bcorp of Texas Inc
$104M
total assets, September 30, 1992
$104M
total assets, September 30, 1992
First City, Texas - Lake Jackson was a state nonmember bank in Lake Jackson, TX, owned by First City Bcorp of Texas Inc. It failed on Oct 30, 1992, and First Heights Bank, FSB took over its deposits. At its last report it held $104.3 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1992
This bank failed
- Failed on
- Oct 30, 1992
- Assets
- $104M
- Deposits
- $96.4M
- Estimated cost
- $0
- Deposits went to
- First Heights Bank, FSB, Houston, TX
- Rescued on
- Apr 20, 1988
- Assets
- $85.8M
- Deposits
- $78.8M
- Estimated cost
- $181K
- How
- First City, Texas - Lake Ja, Lake Jackson, TX
It also received outside help once before.
Total assets
$104M
-18.8% in a year · -10.4% in a quarter
Deposits
$96.4M
-19.7% in a year · -9.0% in a quarter
Loans
$48.1M
+43.8% in a year · -8.1% in a quarter
Profit so far
-$236K
Jan 1 to Sep 30, 1992 · -219.8% in a year
Capital ratio
6.61%
+1.00 pts in a year
Return on assets
-0.27%
-0.47 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- This Way Street, Lake Jackson, TX, 77566
- County
- Brazoria
- Holding company
- First City Bcorp of Texas Inc
- Established
- Jan 2, 1947
- Failed
- Oct 30, 1992
- Employees
- 36
- Id
- b16524
Quarter by quarter
March 31, 1984 to September 30, 1992
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 City, Texas - Lake Jackson?
$104.3 million in total assets and $96.4 million in deposits as of September 30, 1992, with assets down 18.8% from a year before. Its loans were $48.1 million.
Is First City, Texas - Lake Jackson profitable?
No: it lost $236,000 from January 1 to September 30, 1992. Its return on assets was -0.27% a year; about 1% is typical.
Who owns First City, Texas - Lake Jackson?
First City, Texas - Lake Jackson is owned by First City Bcorp of Texas Inc, its holding company.
When did First City, Texas - Lake Jackson fail?
Oct 30, 1992. First Heights Bank, FSB of Houston, TX took over its deposits.
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.