Iredell State Bank of Iredell, Texas
Iredell, TX · Owner: Texas Community Bankers Inc
$10.0M
total assets, March 31, 1990
$10.0M
total assets, March 31, 1990
Iredell State Bank of Iredell, Texas was a state nonmember bank in Iredell, TX, owned by Texas Community Bankers Inc. It failed on Jul 12, 1990, and First Security Bank - Cranf took over its deposits. At its last report it held $10.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Jul 12, 1990
- Assets
- $10.0M
- Deposits
- $10.1M
- Estimated cost
- $2.4M
- Deposits went to
- First Security Bank - Cranf, Cranfills Gap, TX
Total assets
$10.0M
-13.1% in a year · -7.6% in a quarter
Deposits
$10.1M
-6.4% in a year · -5.4% in a quarter
Loans
$6.8M
-22.3% in a year · -14.6% in a quarter
Profit so far
-$184K
Jan 1 to Mar 31, 1990
Capital ratio
-1.20%
-6.50 pts in a year
Return on assets
-7.05%
-5.61 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Highway 6, Iredell, TX, 76649
- County
- Bosque
- Holding company
- Texas Community Bankers Inc
- Established
- Jan 1, 1904
- Failed
- Jul 12, 1990
- Employees
- 9
- Id
- b15274
Quarter by quarter
March 31, 1984 to March 31, 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 Iredell State Bank of Iredell, Texas?
$10.0 million in total assets and $10.1 million in deposits as of March 31, 1990, with assets down 13.1% from a year before. Its loans were $6.77 million.
Is Iredell State Bank of Iredell, Texas profitable?
No: it lost $184,000 from January 1 to March 31, 1990. Its return on assets was -7.05% a year; about 1% is typical.
Who owns Iredell State Bank of Iredell, Texas?
Iredell State Bank of Iredell, Texas is owned by Texas Community Bankers Inc, its holding company.
When did Iredell State Bank of Iredell, Texas fail?
Jul 12, 1990. First Security Bank - Cranf of Cranfills Gap, TX took over its deposits. The estimated cost of the failure was $2.44 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.