$12.8M
total assets, March 31, 1990
Lakeland State Bank was a state member bank in Austin, TX. It failed on Jun 21, 1990, and Hill Country Bank took over its deposits. At its last report it held $12.8 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Jun 21, 1990
- Assets
- $12.8M
- Deposits
- $12.8M
- Estimated cost
- $1.7M
- Deposits went to
- Hill Country Bank, Leander, TX
Total assets
$12.8M
-1.8% in a year · -28.1% in a quarter
Deposits
$12.8M
+3.3% in a year · -25.6% in a quarter
Loans
$9.9M
+23.3% in a year · -17.1% in a quarter
Profit so far
-$538K
Jan 1 to Mar 31, 1990
Capital ratio
-0.35%
-4.97 pts in a year
Return on assets
-14.10%
-11.72 pts in a year
Facts
- Type
- State member bank
- Head office
- 7709 Ranch Road 620 North, Austin, TX, 78726
- County
- Travis
- Established
- Jul 1, 1986
- Failed
- Jun 21, 1990
- Employees
- 10
- Id
- b26711
Quarter by quarter
September 30, 1986 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 Lakeland State Bank?
$12.8 million in total assets and $12.8 million in deposits as of March 31, 1990, with assets down 1.8% from a year before. Its loans were $9.87 million.
Is Lakeland State Bank profitable?
No: it lost $538,000 from January 1 to March 31, 1990. Its return on assets was -14.10% a year; about 1% is typical.
When did Lakeland State Bank fail?
Jun 21, 1990. Hill Country Bank of Leander, TX took over its deposits. The estimated cost of the failure was $1.65 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.