First National Bank of Jackson
Jackson, TN · Owner: First National Bancshares Corp
$73.7M
total assets, June 30, 1990
$73.7M
total assets, June 30, 1990
First National Bank of Jackson was a national bank in Jackson, TN, owned by First National Bancshares Corp. It failed on Oct 25, 1990, and First Tennessee Bank, Natio took over its deposits. At its last report it held $73.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1990
This bank failed
- Failed on
- Oct 25, 1990
- Assets
- $73.7M
- Deposits
- $69.9M
- Estimated cost
- $5.2M
- Deposits went to
- First Tennessee Bank, Natio, Memphis, TN
Total assets
$73.7M
+6.5% in a year · +19.5% in a quarter
Deposits
$69.9M
+8.4% in a year · +21.4% in a quarter
Loans
$61.4M
+123.5% in a year · +17.9% in a quarter
Profit so far
-$123K
Jan 1 to Jun 30, 1990
Capital ratio
4.08%
-1.35 pts in a year
Return on assets
-0.39%
+0.45 pts in a year
Facts
- Type
- National bank
- Head office
- 1862 Highway 45 By-Pass, Jackson, TN, 38305
- County
- Madison
- Holding company
- First National Bancshares Corp
- Established
- Apr 2, 1923
- Failed
- Oct 25, 1990
- Employees
- 42
- Id
- b4976
Quarter by quarter
March 31, 1984 to June 30, 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 Jackson?
$73.7 million in total assets and $69.9 million in deposits as of June 30, 1990, with assets up 6.5% from a year before. Its loans were $61.4 million.
Is First National Bank of Jackson profitable?
No: it lost $123,000 from January 1 to June 30, 1990. Its return on assets was -0.39% a year; about 1% is typical.
Who owns First National Bank of Jackson?
First National Bank of Jackson is owned by First National Bancshares Corp, its holding company.
When did First National Bank of Jackson fail?
Oct 25, 1990. First Tennessee Bank, Natio of Memphis, TN took over its deposits. The estimated cost of the failure was $5.16 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.