First State Bank
Pflugerville, TX · Owner: Transtexas Bancshares Inc
$30.7M
total assets, June 30, 1989
$30.7M
total assets, June 30, 1989
First State Bank was a state nonmember bank in Pflugerville, TX, owned by Transtexas Bancshares Inc. It failed on Aug 24, 1989, and Hibernia National Bank In T took over its deposits. At its last report it held $30.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Aug 24, 1989
- Assets
- $30.7M
- Deposits
- $31.0M
- Estimated cost
- $8.8M
- Deposits went to
- Hibernia National Bank In T, Pflugerville, TX
Total assets
$30.7M
-12.0% in a year · -2.3% in a quarter
Deposits
$31.0M
-8.8% in a year · -2.0% in a quarter
Loans
$17.0M
-23.3% in a year · -5.7% in a quarter
Profit so far
-$910K
Jan 1 to Jun 30, 1989
Capital ratio
-2.12%
-3.88 pts in a year
Return on assets
-5.66%
+0.09 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main And First Streets, Pflugerville, TX, 78660
- County
- Travis
- Holding company
- Transtexas Bancshares Inc
- Established
- Jan 9, 1933
- Failed
- Aug 24, 1989
- Employees
- 23
- Id
- b12300
Quarter by quarter
March 31, 1984 to June 30, 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?
$30.7 million in total assets and $31.0 million in deposits as of June 30, 1989, with assets down 12.0% from a year before. Its loans were $17.0 million.
Is First State Bank profitable?
No: it lost $910,000 from January 1 to June 30, 1989. Its return on assets was -5.66% a year; about 1% is typical.
Who owns First State Bank?
First State Bank is owned by Transtexas Bancshares Inc, its holding company.
When did First State Bank fail?
Aug 24, 1989. Hibernia National Bank In T of Pflugerville, TX took over its deposits. The estimated cost of the failure was $8.78 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.