First RepublicBank Forney
Forney, TX · Owner: First Republicbank Corp
$54.6M
total assets, June 30, 1988
$54.6M
total assets, June 30, 1988
First RepublicBank Forney was a state nonmember bank in Forney, TX, owned by First Republicbank Corp. It failed on Jul 29, 1988, and NCNB Texas National Bank took over its deposits. At its last report it held $54.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Jul 29, 1988
- Assets
- $54.6M
- Deposits
- $50.9M
- Estimated cost
- $16.4M
- Deposits went to
- NCNB Texas National Bank, Dallas, TX
Total assets
$54.6M
+25.5% in a year · -5.1% in a quarter
Deposits
$50.9M
+27.4% in a year · -5.4% in a quarter
Loans
$10.5M
-6.7% in a year · -1.4% in a quarter
Profit so far
$35K
Jan 1 to Jun 30, 1988 · -78.9% in a year
Capital ratio
5.64%
-1.36 pts in a year
Return on assets
0.13%
-0.59 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 601 West Interstate 20, Forney, TX, 75126
- County
- Kaufman
- Holding company
- First Republicbank Corp
- Established
- Jan 1, 1915
- Failed
- Jul 29, 1988
- Employees
- 14
- Id
- b1188
Quarter by quarter
March 31, 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 RepublicBank Forney?
$54.6 million in total assets and $50.9 million in deposits as of June 30, 1988, with assets up 25.5% from a year before. Its loans were $10.5 million.
Is First RepublicBank Forney profitable?
Yes: it earned $35,000 from January 1 to June 30, 1988 (down 78.9% from the same months a year before). Its return on assets was 0.13% a year; about 1% is typical.
Who owns First RepublicBank Forney?
First RepublicBank Forney is owned by First Republicbank Corp, its holding company.
When did First RepublicBank Forney fail?
Jul 29, 1988. NCNB Texas National Bank of Dallas, TX took over its deposits. The estimated cost of the failure was $16.4 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.