Forestwood National Bank of Dallas
Dallas, TX · Owner: Forestwood Financial Corp
$62.0M
total assets, March 31, 1989
$62.0M
total assets, March 31, 1989
Forestwood National Bank of Dallas was a national bank in Dallas, TX, owned by Forestwood Financial Corp. It failed on Jul 27, 1989, and Comerica Bank-texas took over its deposits. At its last report it held $62.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- Jul 27, 1989
- Assets
- $62.0M
- Deposits
- $63.2M
- Estimated cost
- $24.3M
- Deposits went to
- Comerica Bank-texas, Dallas, TX
Total assets
$62.0M
-28.6% in a year · -15.7% in a quarter
Deposits
$63.2M
-21.1% in a year · -12.8% in a quarter
Loans
$45.4M
-30.1% in a year · -10.6% in a quarter
Profit so far
-$1.7M
Jan 1 to Mar 31, 1989
Capital ratio
-3.52%
-9.16 pts in a year
Return on assets
-10.12%
-6.81 pts in a year
Facts
- Type
- National bank
- Head office
- 5200 Forest Lane, Dallas, TX, 75234
- County
- Dallas
- Holding company
- Forestwood Financial Corp
- Established
- Jan 2, 1980
- Failed
- Jul 27, 1989
- Employees
- 37
- Id
- b23026
Quarter by quarter
March 31, 1984 to March 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 Forestwood National Bank of Dallas?
$62.0 million in total assets and $63.2 million in deposits as of March 31, 1989, with assets down 28.6% from a year before. Its loans were $45.4 million.
Is Forestwood National Bank of Dallas profitable?
No: it lost $1.72 million from January 1 to March 31, 1989. Its return on assets was -10.12% a year; about 1% is typical.
Who owns Forestwood National Bank of Dallas?
Forestwood National Bank of Dallas is owned by Forestwood Financial Corp, its holding company.
When did Forestwood National Bank of Dallas fail?
Jul 27, 1989. Comerica Bank-texas of Dallas, TX took over its deposits. The estimated cost of the failure was $24.3 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.