First National Bank of Kingwood
Kingwood, TX
$16.1M
total assets, March 31, 1988
$16.1M
total assets, March 31, 1988
First National Bank of Kingwood was a national bank in Kingwood, TX. It failed on May 26, 1988, and Interstate Bank North took over its deposits. At its last report it held $16.1 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1988
This bank failed
- Failed on
- May 26, 1988
- Assets
- $16.1M
- Deposits
- $16.2M
- Estimated cost
- $4.6M
- Deposits went to
- Interstate Bank North, Houston, TX
Total assets
$16.1M
-2.6% in a year · -6.9% in a quarter
Deposits
$16.2M
-0.7% in a year · -1.5% in a quarter
Loans
$12.2M
-1.2% in a year · -6.9% in a quarter
Profit so far
-$112K
Jan 1 to Mar 31, 1988
Capital ratio
-1.46%
-2.25 pts in a year
Return on assets
-2.69%
-1.62 pts in a year
Facts
- Type
- National bank
- Head office
- 200 Northpark Drive, Kingwood, TX, 77339
- County
- Montgomery
- Established
- Jul 2, 1984
- Failed
- May 26, 1988
- Employees
- 19
- Id
- b25248
Quarter by quarter
September 30, 1984 to March 31, 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 Kingwood?
$16.1 million in total assets and $16.2 million in deposits as of March 31, 1988, with assets down 2.6% from a year before. Its loans were $12.2 million.
Is First National Bank of Kingwood profitable?
No: it lost $112,000 from January 1 to March 31, 1988. Its return on assets was -2.69% a year; about 1% is typical.
When did First National Bank of Kingwood fail?
May 26, 1988. Interstate Bank North of Houston, TX took over its deposits. The estimated cost of the failure was $4.55 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.