$11.9M
total assets, September 30, 1986
Lago Vista National Bank was a national bank in Lago Vista, TX. It failed on Dec 18, 1986, and Greater Texas Bank Leand took over its deposits. At its last report it held $11.9 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1986
This bank failed
- Failed on
- Dec 18, 1986
- Assets
- $11.9M
- Deposits
- $12.4M
- Estimated cost
- $5.3M
- Deposits went to
- Greater Texas Bank Leand, Leander, TX
Total assets
$11.9M
-45.2% in a year · -7.0% in a quarter
Deposits
$12.4M
-40.0% in a year · -5.9% in a quarter
Loans
$9.9M
-43.4% in a year · -11.7% in a quarter
Profit so far
-$1.5M
Jan 1 to Sep 30, 1986
Capital ratio
-5.73%
-8.75 pts in a year
Return on assets
-13.06%
-9.95 pts in a year
Facts
- Type
- National bank
- Head office
- Fm 1431 And Lohman Ford Road, Lago Vista, TX, 78641
- County
- Williamson
- Established
- Mar 1, 1983
- Failed
- Dec 18, 1986
- Employees
- 13
- Id
- b24388
Quarter by quarter
March 31, 1984 to September 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 11
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Lago Vista National Bank?
$11.9 million in total assets and $12.4 million in deposits as of September 30, 1986, with assets down 45.2% from a year before. Its loans were $9.90 million.
Is Lago Vista National Bank profitable?
No: it lost $1.46 million from January 1 to September 30, 1986. Its return on assets was -13.06% a year; about 1% is typical.
When did Lago Vista National Bank fail?
Dec 18, 1986. Greater Texas Bank Leand of Leander, TX took over its deposits. The estimated cost of the failure was $5.31 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.