First State Bank of Rising Star
Rising Star, TX · Owner: Rising Star Bancshares Inc
$14.0M
total assets, June 30, 1990
$14.0M
total assets, June 30, 1990
First State Bank of Rising Star was a state nonmember bank in Rising Star, TX, owned by Rising Star Bancshares Inc. It failed on Sep 20, 1990, and The Peoples State Bank took over its deposits. At its last report it held $14.0 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1990
This bank failed
- Failed on
- Sep 20, 1990
- Assets
- $14.0M
- Deposits
- $13.9M
- Estimated cost
- $2.7M
- Deposits went to
- The Peoples State Bank, Clyde, TX
Total assets
$14.0M
-17.6% in a year · -11.5% in a quarter
Deposits
$13.9M
-13.8% in a year · -10.4% in a quarter
Loans
$8.3M
-21.2% in a year · -7.0% in a quarter
Profit so far
-$596K
Jan 1 to Jun 30, 1990
Capital ratio
-0.13%
-4.15 pts in a year
Return on assets
-7.56%
-5.54 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- West College And Anderson Streets, Rising Star, TX, 76471
- County
- Eastland
- Holding company
- Rising Star Bancshares Inc
- Established
- Jan 1, 1909
- Failed
- Sep 20, 1990
- Employees
- 15
- Id
- b10714
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 State Bank of Rising Star?
$14.0 million in total assets and $13.9 million in deposits as of June 30, 1990, with assets down 17.6% from a year before. Its loans were $8.32 million.
Is First State Bank of Rising Star profitable?
No: it lost $596,000 from January 1 to June 30, 1990. Its return on assets was -7.56% a year; about 1% is typical.
Who owns First State Bank of Rising Star?
First State Bank of Rising Star is owned by Rising Star Bancshares Inc, its holding company.
When did First State Bank of Rising Star fail?
Sep 20, 1990. The Peoples State Bank of Clyde, TX took over its deposits. The estimated cost of the failure was $2.71 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.