First City, Texas - Sour Lake
Sour Lake, TX · Owner: First City Bcorp of Texas Inc
$53.5M
total assets, September 30, 1992
$53.5M
total assets, September 30, 1992
First City, Texas - Sour Lake was a state nonmember bank in Sour Lake, TX, owned by First City Bcorp of Texas Inc. It failed on Oct 30, 1992, and Citizens Bank took over its deposits. At its last report it held $53.5 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1992
This bank failed
- Failed on
- Oct 30, 1992
- Assets
- $53.5M
- Deposits
- $48.8M
- Estimated cost
- $0
- Deposits went to
- Citizens Bank, Kilgore, TX
- Rescued on
- Apr 20, 1988
- Assets
- $45.8M
- Deposits
- $42.3M
- Estimated cost
- $16K
- How
- First City, Texas - Sour La, Sour Lake, TX
It also received outside help once before.
Total assets
$53.5M
-25.6% in a year · -10.4% in a quarter
Deposits
$48.8M
-27.4% in a year · -11.0% in a quarter
Loans
$24.4M
+49.4% in a year · -10.7% in a quarter
Profit so far
$319K
Jan 1 to Sep 30, 1992 · -35.4% in a year
Capital ratio
7.34%
+1.48 pts in a year
Return on assets
0.70%
-0.28 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 211 South Highway 326, Sour Lake, TX, 77659
- County
- Hardin
- Holding company
- First City Bcorp of Texas Inc
- Established
- Feb 15, 1909
- Failed
- Oct 30, 1992
- Employees
- 13
- Id
- b11914
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 - Sour Lake?
$53.5 million in total assets and $48.8 million in deposits as of September 30, 1992, with assets down 25.6% from a year before. Its loans were $24.4 million.
Is First City, Texas - Sour Lake profitable?
Yes: it earned $319,000 from January 1 to September 30, 1992 (down 35.4% from the same months a year before). Its return on assets was 0.70% a year; about 1% is typical.
Who owns First City, Texas - Sour Lake?
First City, Texas - Sour Lake is owned by First City Bcorp of Texas Inc, its holding company.
When did First City, Texas - Sour Lake fail?
Oct 30, 1992. Citizens Bank of Kilgore, 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.