First National Bank of Atascocita
Harris County, TX · Owner: First Bcorp of Cleveland Inc
$9.4M
total assets, June 30, 1988
$9.4M
total assets, June 30, 1988
First National Bank of Atascocita was a national bank in Harris County, TX, owned by First Bcorp of Cleveland Inc. It failed on Sep 1, 1988, and First Interstate BK Of T took over its deposits. At its last report it held $9.36 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Sep 1, 1988
- Assets
- $9.4M
- Deposits
- $10.8M
- Estimated cost
- $2.8M
- Deposits went to
- First Interstate BK Of T, Houston, TX
Total assets
$9.4M
-31.5% in a year · -2.5% in a quarter
Deposits
$10.8M
-24.2% in a year · +3.1% in a quarter
Loans
$6.5M
-37.4% in a year · -14.6% in a quarter
Profit so far
-$670K
Jan 1 to Jun 30, 1988
Capital ratio
-15.56%
-10.94 pts in a year
Return on assets
-13.70%
-0.38 pts in a year
Facts
- Type
- National bank
- Head office
- 7720 Fm 1960 East, Harris County, TX, 77338
- County
- Harris
- Holding company
- First Bcorp of Cleveland Inc
- Established
- Apr 5, 1984
- Failed
- Sep 1, 1988
- Employees
- 15
- Id
- b25101
Quarter by quarter
June 30, 1984 to June 30, 1988
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 of Atascocita?
$9.36 million in total assets and $10.8 million in deposits as of June 30, 1988, with assets down 31.5% from a year before. Its loans were $6.49 million.
Is First National Bank of Atascocita profitable?
No: it lost $670,000 from January 1 to June 30, 1988. Its return on assets was -13.70% a year; about 1% is typical.
Who owns First National Bank of Atascocita?
First National Bank of Atascocita is owned by First Bcorp of Cleveland Inc, its holding company.
When did First National Bank of Atascocita fail?
Sep 1, 1988. First Interstate BK Of T of Houston, TX took over its deposits. The estimated cost of the failure was $2.84 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.