First City, Texas - San Angelo, National Association
San Angelo, TX · Owner: First City Bcorp of Texas Inc
$143M
total assets, September 30, 1992
$143M
total assets, September 30, 1992
First City, Texas - San Angelo, National Association was a national bank in San Angelo, TX, owned by First City Bcorp of Texas Inc. It failed on Oct 30, 1992, and First National Bank Of West took over its deposits. At its last report it held $142.8 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1992
This bank failed
- Failed on
- Oct 30, 1992
- Assets
- $143M
- Deposits
- $132M
- Estimated cost
- $0
- Deposits went to
- First National Bank Of West, Lubbock, TX
- Rescued on
- Apr 20, 1988
- Assets
- $139M
- Deposits
- $131M
- Estimated cost
- $1.1M
- How
- First City, Texas - San Ang, San Angelo, TX
It also received outside help once before.
Total assets
$143M
-23.8% in a year · -9.2% in a quarter
Deposits
$132M
-25.1% in a year · -9.3% in a quarter
Loans
$69.4M
+13.4% in a year · -3.7% in a quarter
Profit so far
$616K
Jan 1 to Sep 30, 1992 · +1.3% in a year
Capital ratio
6.22%
+1.16 pts in a year
Return on assets
0.51%
+0.06 pts in a year
Facts
- Type
- National bank
- Head office
- 124 Beauregard Street, San Angelo, TX, 76902
- County
- Tom Green
- Holding company
- First City Bcorp of Texas Inc
- Established
- Jul 29, 1882
- Failed
- Oct 30, 1992
- Employees
- 53
- Id
- b5506
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 - San Angelo, National Association?
$142.8 million in total assets and $131.9 million in deposits as of September 30, 1992, with assets down 23.8% from a year before. Its loans were $69.4 million.
Is First City, Texas - San Angelo, National Association profitable?
Yes: it earned $616,000 from January 1 to September 30, 1992 (up 1.3% from the same months a year before). Its return on assets was 0.51% a year; about 1% is typical.
Who owns First City, Texas - San Angelo, National Association?
First City, Texas - San Angelo, National Association is owned by First City Bcorp of Texas Inc, its holding company.
When did First City, Texas - San Angelo, National Association fail?
Oct 30, 1992. First National Bank Of West of Lubbock, 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.