First Consolidated Bank - Hillsboro, National Association
Hillsboro, TX · Owner: Consolidated Bcorp Inc
$11.3M
total assets, June 30, 1989
$11.3M
total assets, June 30, 1989
First Consolidated Bank - Hillsboro, National Association was a national bank in Hillsboro, TX, owned by Consolidated Bcorp Inc. It failed on Oct 20, 1989, and First State Bank, Hubbard, took over its deposits. At its last report it held $11.3 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Oct 20, 1989
- Assets
- $11.3M
- Deposits
- $10.8M
- Estimated cost
- $2.1M
- Deposits went to
- First State Bank, Hubbard,, Hubbard, TX
Total assets
$11.3M
+21.4% in a year · -1.6% in a quarter
Deposits
$10.8M
+28.9% in a year · +2.8% in a quarter
Loans
$8.0M
+12.4% in a year · +1.2% in a quarter
Profit so far
-$446K
Jan 1 to Jun 30, 1989
Capital ratio
3.24%
-4.81 pts in a year
Return on assets
-7.78%
-6.89 pts in a year
Facts
- Type
- National bank
- Head office
- Interstate 35 And State Highway 171, Hillsboro, TX, 76645
- County
- Hill
- Holding company
- Consolidated Bcorp Inc
- Established
- Jan 1, 1904
- Failed
- Oct 20, 1989
- Employees
- 9
- Id
- b3123
Quarter by quarter
March 31, 1984 to June 30, 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 Consolidated Bank - Hillsboro, National Association?
$11.3 million in total assets and $10.8 million in deposits as of June 30, 1989, with assets up 21.4% from a year before. Its loans were $8.01 million.
Is First Consolidated Bank - Hillsboro, National Association profitable?
No: it lost $446,000 from January 1 to June 30, 1989. Its return on assets was -7.78% a year; about 1% is typical.
Who owns First Consolidated Bank - Hillsboro, National Association?
First Consolidated Bank - Hillsboro, National Association is owned by Consolidated Bcorp Inc, its holding company.
When did First Consolidated Bank - Hillsboro, National Association fail?
Oct 20, 1989. First State Bank, Hubbard, of Hubbard, TX took over its deposits. The estimated cost of the failure was $2.06 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.