$17.4M
total assets, December 31, 1987
Flower Mound Bank was a state member bank in Flower Mound, TX. It failed on Mar 3, 1988, and Security Bank took over its deposits. At its last report it held $17.4 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Mar 3, 1988
- Assets
- $17.4M
- Deposits
- $17.6M
- Estimated cost
- $3.9M
- Deposits went to
- Security Bank, Flower Mound, TX
Total assets
$17.4M
-16.3% in a year · -7.6% in a quarter
Deposits
$17.6M
-7.8% in a year · -5.3% in a quarter
Loans
$13.7M
-20.1% in a year · -9.2% in a quarter
Profit so far
-$1.7M
Jan 1 to Dec 31, 1987 · -2575.7% in a year
Capital ratio
-1.98%
-8.65 pts in a year
Return on assets
-8.82%
-9.19 pts in a year
Facts
- Type
- State member bank
- Head office
- 2631 Cross Timbers, Flower Mound, TX, 75028
- County
- Denton
- Established
- Aug 21, 1984
- Failed
- Mar 3, 1988
- Employees
- 22
- Id
- b25331
Quarter by quarter
September 30, 1984 to December 31, 1987
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 Flower Mound Bank?
$17.4 million in total assets and $17.6 million in deposits as of December 31, 1987, with assets down 16.3% from a year before. Its loans were $13.7 million.
Is Flower Mound Bank profitable?
No: it lost $1.73 million from January 1 to December 31, 1987. Its return on assets was -8.82% a year; about 1% is typical.
When did Flower Mound Bank fail?
Mar 3, 1988. Security Bank of Flower Mound, TX took over its deposits. The estimated cost of the failure was $3.95 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.