First National Bank of Grand Saline
Grand Saline, TX
$28.6M
total assets, March 31, 1990
$28.6M
total assets, March 31, 1990
First National Bank of Grand Saline was a national bank in Grand Saline, TX. It failed on May 10, 1990, and Texas National Bank took over its deposits. At its last report it held $28.6 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- May 10, 1990
- Assets
- $28.6M
- Deposits
- $28.7M
- Estimated cost
- $6.3M
- Deposits went to
- Texas National Bank, Longview, TX
Total assets
$28.6M
-10.8% in a year · -4.3% in a quarter
Deposits
$28.7M
-9.4% in a year · -4.2% in a quarter
Loans
$20.7M
-13.4% in a year · -1.2% in a quarter
Profit so far
-$12K
Jan 1 to Mar 31, 1990 · -209.1% in a year
Capital ratio
-0.87%
-1.58 pts in a year
Return on assets
-0.16%
-0.30 pts in a year
Facts
- Type
- National bank
- Head office
- 139 North Main Street, Grand Saline, TX, 75140
- County
- Van Zandt
- Established
- Dec 13, 1943
- Failed
- May 10, 1990
- Employees
- 25
- Id
- b16108
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 of Grand Saline?
$28.6 million in total assets and $28.7 million in deposits as of March 31, 1990, with assets down 10.8% from a year before. Its loans were $20.7 million.
Is First National Bank of Grand Saline profitable?
No: it lost $12,000 from January 1 to March 31, 1990. Its return on assets was -0.16% a year; about 1% is typical.
When did First National Bank of Grand Saline fail?
May 10, 1990. Texas National Bank of Longview, TX took over its deposits. The estimated cost of the failure was $6.29 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.