First State Bank of Crandall
Crandall, TX · Owner: Crandall Bancshares Inc
$15.8M
total assets, December 31, 1989
$15.8M
total assets, December 31, 1989
First State Bank of Crandall was a state nonmember bank in Crandall, TX, owned by Crandall Bancshares Inc. It failed on Apr 19, 1990, and The American National Bank took over its deposits. At its last report it held $15.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Apr 19, 1990
- Assets
- $15.8M
- Deposits
- $15.6M
- Estimated cost
- $3.0M
- Deposits went to
- The American National Bank, Terrell, TX
Total assets
$15.8M
-20.6% in a year · -2.6% in a quarter
Deposits
$15.6M
-17.6% in a year · -1.4% in a quarter
Loans
$10.9M
-19.2% in a year · -11.2% in a quarter
Profit so far
-$1.1M
Jan 1 to Dec 31, 1989
Capital ratio
-0.71%
-4.99 pts in a year
Return on assets
-6.25%
-4.86 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- U.S. Highway 175 At Forney Road, Crandall, TX, 75114
- County
- Kaufman
- Holding company
- Crandall Bancshares Inc
- Established
- Oct 20, 1975
- Failed
- Apr 19, 1990
- Employees
- 11
- Id
- b22147
Quarter by quarter
March 31, 1984 to December 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 State Bank of Crandall?
$15.8 million in total assets and $15.6 million in deposits as of December 31, 1989, with assets down 20.6% from a year before. Its loans were $10.9 million.
Is First State Bank of Crandall profitable?
No: it lost $1.12 million from January 1 to December 31, 1989. Its return on assets was -6.25% a year; about 1% is typical.
Who owns First State Bank of Crandall?
First State Bank of Crandall is owned by Crandall Bancshares Inc, its holding company.
When did First State Bank of Crandall fail?
Apr 19, 1990. The American National Bank of Terrell, TX took over its deposits. The estimated cost of the failure was $3.03 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.