$28.8M
total assets, September 30, 1990
Heights Bank was a state nonmember bank in Harker Heights, TX. It failed on Dec 7, 1990, and Heights State Bank took over its deposits. At its last report it held $28.8 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1990
This bank failed
- Failed on
- Dec 7, 1990
- Assets
- $28.8M
- Deposits
- $27.0M
- Estimated cost
- $4.7M
- Deposits went to
- Heights State Bank, Harker Heights, TX
Total assets
$28.8M
-22.0% in a year · -15.1% in a quarter
Deposits
$27.0M
-20.3% in a year · -14.9% in a quarter
Loans
$12.7M
-34.6% in a year · -18.2% in a quarter
Profit so far
-$1.5M
Jan 1 to Sep 30, 1990 · -8700.0% in a year
Capital ratio
-0.36%
-3.56 pts in a year
Return on assets
-5.80%
-5.86 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 901 South Ann Boulevard, Harker Heights, TX, 76541
- County
- Bell
- Established
- Jun 17, 1974
- Failed
- Dec 7, 1990
- Employees
- 26
- Id
- b21631
Quarter by quarter
March 31, 1984 to September 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 Heights Bank?
$28.8 million in total assets and $27.0 million in deposits as of September 30, 1990, with assets down 22.0% from a year before. Its loans were $12.7 million.
Is Heights Bank profitable?
No: it lost $1.46 million from January 1 to September 30, 1990. Its return on assets was -5.80% a year; about 1% is typical.
When did Heights Bank fail?
Dec 7, 1990. Heights State Bank of Harker Heights, TX took over its deposits. The estimated cost of the failure was $4.72 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.