First National Bank, Northeast
Austin, TX · Owner: First of Austin Bancshares Inc
$18.0M
total assets, March 31, 1990
$18.0M
total assets, March 31, 1990
First National Bank, Northeast was a national bank in Austin, TX, owned by First of Austin Bancshares Inc. It failed on May 3, 1990, and Hibernia National Bank In T took over its deposits. At its last report it held $18.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- May 3, 1990
- Assets
- $18.0M
- Deposits
- $18.7M
- Estimated cost
- $4.7M
- Deposits went to
- Hibernia National Bank In T, Pflugerville, TX
Total assets
$18.0M
-9.8% in a year · -11.7% in a quarter
Deposits
$18.7M
-3.1% in a year · -8.1% in a quarter
Loans
$10.5M
-15.3% in a year · -7.1% in a quarter
Profit so far
-$667K
Jan 1 to Mar 31, 1990
Capital ratio
-4.57%
-6.67 pts in a year
Return on assets
-13.89%
-10.79 pts in a year
Facts
- Type
- National bank
- Head office
- 2401 Bluestein Boulevard At U.S. 290, Austin, TX, 78761
- County
- Travis
- Holding company
- First of Austin Bancshares Inc
- Established
- Apr 23, 1976
- Failed
- May 3, 1990
- Employees
- 16
- Id
- b22262
Quarter by quarter
March 31, 1984 to March 31, 1990
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 National Bank, Northeast?
$18.0 million in total assets and $18.7 million in deposits as of March 31, 1990, with assets down 9.8% from a year before. Its loans were $10.5 million.
Is First National Bank, Northeast profitable?
No: it lost $667,000 from January 1 to March 31, 1990. Its return on assets was -13.89% a year; about 1% is typical.
Who owns First National Bank, Northeast?
First National Bank, Northeast is owned by First of Austin Bancshares Inc, its holding company.
When did First National Bank, Northeast fail?
May 3, 1990. Hibernia National Bank In T of Pflugerville, TX took over its deposits. The estimated cost of the failure was $4.69 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.