$16.4M
total assets, March 31, 1990
Midway National Bank was a national bank in Dallas, TX. It failed on May 24, 1990, and Comerica Bank-texas took over its deposits. At its last report it held $16.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- May 24, 1990
- Assets
- $16.4M
- Deposits
- $17.1M
- Estimated cost
- $4.5M
- Deposits went to
- Comerica Bank-texas, Dallas, TX
Total assets
$16.4M
-14.3% in a year · -12.0% in a quarter
Deposits
$17.1M
-8.2% in a year · -7.5% in a quarter
Loans
$10.3M
-15.9% in a year · -10.0% in a quarter
Profit so far
-$837K
Jan 1 to Mar 31, 1990 · -10562.5% in a year
Capital ratio
-4.21%
-6.34 pts in a year
Return on assets
-19.12%
-19.29 pts in a year
Facts
- Type
- National bank
- Head office
- 4230 Lbj Freeway, Suite 507, Dallas, TX, 75234
- County
- Dallas
- Established
- Apr 2, 1984
- Failed
- May 24, 1990
- Employees
- 14
- Id
- b25100
Quarter by quarter
June 30, 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 Midway National Bank?
$16.4 million in total assets and $17.1 million in deposits as of March 31, 1990, with assets down 14.3% from a year before. Its loans were $10.3 million.
Is Midway National Bank profitable?
No: it lost $837,000 from January 1 to March 31, 1990. Its return on assets was -19.12% a year; about 1% is typical.
When did Midway National Bank fail?
May 24, 1990. Comerica Bank-texas of Dallas, TX took over its deposits. The estimated cost of the failure was $4.46 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.