First Mexia Bank
Mexia, TX · Owner: First Mexia Bancshares
$22.5M
total assets, June 30, 1991
$22.5M
total assets, June 30, 1991
First Mexia Bank was a state nonmember bank in Mexia, TX, owned by First Mexia Bancshares. It failed on Aug 22, 1991, and The East Texas National Ban took over its deposits. At its last report it held $22.5 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Aug 22, 1991
- Assets
- $22.5M
- Deposits
- $22.4M
- Estimated cost
- $3.7M
- Deposits went to
- The East Texas National Ban, Palestine, TX
Total assets
$22.5M
-9.5% in a year · -6.8% in a quarter
Deposits
$22.4M
-6.7% in a year · -5.0% in a quarter
Loans
$9.2M
-20.3% in a year · -7.2% in a quarter
Profit so far
-$427K
Jan 1 to Jun 30, 1991
Capital ratio
-0.40%
-2.86 pts in a year
Return on assets
-3.62%
-1.30 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 101 North Mckinney Street, Mexia, TX, 76667
- County
- Limestone
- Holding company
- First Mexia Bancshares
- Established
- May 1, 1936
- Failed
- Aug 22, 1991
- Employees
- 18
- Id
- b15379
Quarter by quarter
March 31, 1984 to June 30, 1991
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 Mexia Bank?
$22.5 million in total assets and $22.4 million in deposits as of June 30, 1991, with assets down 9.5% from a year before. Its loans were $9.25 million.
Is First Mexia Bank profitable?
No: it lost $427,000 from January 1 to June 30, 1991. Its return on assets was -3.62% a year; about 1% is typical.
Who owns First Mexia Bank?
First Mexia Bank is owned by First Mexia Bancshares, its holding company.
When did First Mexia Bank fail?
Aug 22, 1991. The East Texas National Ban of Palestine, TX took over its deposits. The estimated cost of the failure was $3.73 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.