$41.0M
total assets, December 31, 1987
Houston Commerce Bank was a state nonmember bank in Houston, TX. It failed on Jan 28, 1988, and its insured deposits were paid out. At its last report it held $41.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Jan 28, 1988
- Assets
- $41.0M
- Deposits
- $40.1M
- Estimated cost
- $8.5M
- Deposits went to
- payout
Total assets
$41.0M
-39.5% in a year · -18.0% in a quarter
Deposits
$40.1M
-36.8% in a year · -14.3% in a quarter
Loans
$35.0M
-31.7% in a year · -5.9% in a quarter
Profit so far
-$2.7M
Jan 1 to Dec 31, 1987
Capital ratio
0.98%
-3.50 pts in a year
Return on assets
-4.91%
-2.06 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1300 Main Street, Houston, TX, 77052
- County
- Harris
- Established
- Aug 17, 1981
- Failed
- Jan 28, 1988
- Employees
- 16
- Id
- b23511
Quarter by quarter
March 31, 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 Houston Commerce Bank?
$41.0 million in total assets and $40.1 million in deposits as of December 31, 1987, with assets down 39.5% from a year before. Its loans were $35.0 million.
Is Houston Commerce Bank profitable?
No: it lost $2.68 million from January 1 to December 31, 1987. Its return on assets was -4.91% a year; about 1% is typical.
When did Houston Commerce Bank fail?
Jan 28, 1988. The estimated cost of the failure was $8.49 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.