$52.0M
total assets, March 31, 1989
Katy National Bank was a national bank in Katy, TX. It failed on May 4, 1989, and First Bank took over its deposits. At its last report it held $52.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- May 4, 1989
- Assets
- $52.0M
- Deposits
- $55.3M
- Estimated cost
- $17.8M
- Deposits went to
- First Bank, Navasota, TX
Total assets
$52.0M
-24.8% in a year · -14.2% in a quarter
Deposits
$55.3M
-16.3% in a year · -13.2% in a quarter
Loans
$25.9M
-33.7% in a year · -12.1% in a quarter
Profit so far
-$223K
Jan 1 to Mar 31, 1989
Capital ratio
-7.67%
-10.73 pts in a year
Return on assets
-1.58%
-0.91 pts in a year
Facts
- Type
- National bank
- Head office
- 5622 Third Street, Katy, TX, 77450
- County
- Harris
- Established
- May 5, 1955
- Failed
- May 4, 1989
- Employees
- 31
- Id
- b17436
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 Katy National Bank?
$52.0 million in total assets and $55.3 million in deposits as of March 31, 1989, with assets down 24.8% from a year before. Its loans were $25.9 million.
Is Katy National Bank profitable?
No: it lost $223,000 from January 1 to March 31, 1989. Its return on assets was -1.58% a year; about 1% is typical.
When did Katy National Bank fail?
May 4, 1989. First Bank of Navasota, TX took over its deposits. The estimated cost of the failure was $17.8 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.