First National Bank of Richardson
Richardson, TX · Owner: First Richardson Bancshares
$44.5M
total assets, March 31, 1989
$44.5M
total assets, March 31, 1989
First National Bank of Richardson was a national bank in Richardson, TX, owned by First Richardson Bancshares. It failed on Jun 30, 1989, and Deposit Guaranty Bank took over its deposits. At its last report it held $44.5 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- Jun 30, 1989
- Assets
- $44.5M
- Deposits
- $46.7M
- Estimated cost
- $8.8M
- Deposits went to
- Deposit Guaranty Bank, Dallas, TX
Total assets
$44.5M
-28.3% in a year · -19.4% in a quarter
Deposits
$46.7M
-21.0% in a year · -14.4% in a quarter
Loans
$29.2M
-12.4% in a year · -4.3% in a quarter
Profit so far
-$2.9M
Jan 1 to Mar 31, 1989
Capital ratio
-4.93%
-8.41 pts in a year
Return on assets
-23.09%
-22.34 pts in a year
Facts
- Type
- National bank
- Head office
- 808 South Central Expressway, Richardson, TX, 75080
- County
- Dallas
- Holding company
- First Richardson Bancshares
- Established
- Mar 27, 1964
- Failed
- Jun 30, 1989
- Employees
- 36
- Id
- b19069
Quarter by quarter
March 31, 1984 to March 31, 1989
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 Richardson?
$44.5 million in total assets and $46.7 million in deposits as of March 31, 1989, with assets down 28.3% from a year before. Its loans were $29.2 million.
Is First National Bank of Richardson profitable?
No: it lost $2.88 million from January 1 to March 31, 1989. Its return on assets was -23.09% a year; about 1% is typical.
Who owns First National Bank of Richardson?
First National Bank of Richardson is owned by First Richardson Bancshares, its holding company.
When did First National Bank of Richardson fail?
Jun 30, 1989. Deposit Guaranty Bank of Dallas, TX took over its deposits. The estimated cost of the failure was $8.83 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.