Independent Bank, National Association
Coppell, TX · Owner: Independent Cmty Finl Corporat
$34.7M
total assets, March 31, 1989
$34.7M
total assets, March 31, 1989
Independent Bank, National Association was a national bank in Coppell, TX, owned by Independent Cmty Finl Corporat. It failed on Jul 14, 1989, and Metropolitan National Bank took over its deposits. At its last report it held $34.7 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- Jul 14, 1989
- Assets
- $34.7M
- Deposits
- $32.7M
- Estimated cost
- $10.9M
- Deposits went to
- Metropolitan National Bank, Farmers Branch, TX
Total assets
$34.7M
+119.5% in a year · -3.8% in a quarter
Deposits
$32.7M
+133.7% in a year · -0.5% in a quarter
Loans
$25.6M
+126.8% in a year · -6.5% in a quarter
Profit so far
-$480K
Jan 1 to Mar 31, 1989 · -6957.1% in a year
Capital ratio
3.67%
-7.37 pts in a year
Return on assets
-5.42%
-5.60 pts in a year
Facts
- Type
- National bank
- Head office
- 200 South Denton Tap Road, Coppell, TX, 75019
- County
- Dallas
- Holding company
- Independent Cmty Finl Corporat
- Established
- Dec 5, 1984
- Failed
- Jul 14, 1989
- Employees
- 35
- Id
- b25813
Quarter by quarter
December 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 Independent Bank, National Association?
$34.7 million in total assets and $32.7 million in deposits as of March 31, 1989, with assets up 119.5% from a year before. Its loans were $25.6 million.
Is Independent Bank, National Association profitable?
No: it lost $480,000 from January 1 to March 31, 1989. Its return on assets was -5.42% a year; about 1% is typical.
Who owns Independent Bank, National Association?
Independent Bank, National Association is owned by Independent Cmty Finl Corporat, its holding company.
When did Independent Bank, National Association fail?
Jul 14, 1989. Metropolitan National Bank of Farmers Branch, TX took over its deposits. The estimated cost of the failure was $10.9 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.