MBank Dallas, National Association
Dallas, TX · Owner: McOrp
$6.6B
total assets, December 31, 1988
$6.6B
total assets, December 31, 1988
MBank Dallas, National Association was a national bank in Dallas, TX, owned by McOrp. It failed on Mar 28, 1989, and Bank One, Texas, N.a. took over its deposits. At its last report it held $6.6 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1988
This bank failed
- Failed on
- Mar 28, 1989
- Assets
- $6.6B
- Deposits
- $4.0B
- Estimated cost
- $1.6B
- Deposits went to
- Bank One, Texas, N.a., Dallas, TX
Total assets
$6.6B
-10.3% in a year · -10.8% in a quarter
Deposits
$4.0B
-26.7% in a year · -17.3% in a quarter
Loans
$4.8B
-14.0% in a year · -7.1% in a quarter
Profit so far
-$420M
Jan 1 to Dec 31, 1988
Capital ratio
-2.80%
-5.77 pts in a year
Return on assets
-5.63%
-4.95 pts in a year
Facts
- Type
- National bank
- Head office
- 1704 Main Street, Dallas, TX, 75265
- County
- Dallas
- Holding company
- McOrp
- Established
- Oct 14, 1916
- Failed
- Mar 29, 1989
- Employees
- 2,279
- Id
- b3163
Quarter by quarter
March 31, 1984 to December 31, 1988
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 MBank Dallas, National Association?
$6.6 billion in total assets and $4.0 billion in deposits as of December 31, 1988, with assets down 10.3% from a year before. Its loans were $4.8 billion.
Is MBank Dallas, National Association profitable?
No: it lost $419.9 million from January 1 to December 31, 1988. Its return on assets was -5.63% a year; about 1% is typical.
Who owns MBank Dallas, National Association?
MBank Dallas, National Association is owned by McOrp, its holding company.
When did MBank Dallas, National Association fail?
Mar 28, 1989. Bank One, Texas, N.a. of Dallas, TX took over its deposits. The estimated cost of the failure was $1.6 billion.
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.