Millennium State Bank of Texas
Dallas, TX
$119M
total assets, June 30, 2009
$119M
total assets, June 30, 2009
Millennium State Bank of Texas was a state nonmember bank in Dallas, TX. It failed on Jul 2, 2009, and State Bank Of Texas took over its deposits. At its last report it held $118.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2009
This bank failed
- Failed on
- Jul 2, 2009
- Assets
- $119M
- Deposits
- $115M
- Estimated cost
- $52.7M
- Deposits went to
- State Bank Of Texas, Irving, TX
Total assets
$119M
+1.4% in a year · -6.4% in a quarter
Deposits
$115M
+9.9% in a year · -4.0% in a quarter
Loans
$78.4M
-21.3% in a year · -10.4% in a quarter
Profit so far
-$5.8M
Jan 1 to Jun 30, 2009
Capital ratio
0.61%
-7.18 pts in a year
Return on assets
-9.59%
-7.50 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 11950 Webb Chapel Road, Dallas, TX, 75234
- County
- Dallas
- Established
- Aug 20, 2003
- Failed
- Jul 2, 2009
- Employees
- 14
- Branches
- 1
- Id
- b57667
Quarter by quarter
September 30, 2003 to June 30, 2009
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 Millennium State Bank of Texas?
$118.6 million in total assets and $115.5 million in deposits as of June 30, 2009, with assets up 1.4% from a year before. Its loans were $78.4 million.
How many branches does Millennium State Bank of Texas have?
1 branch in Texas as of June 30, 2026.
Is Millennium State Bank of Texas profitable?
No: it lost $5.81 million from January 1 to June 30, 2009. Its return on assets was -9.59% a year; about 1% is typical.
When did Millennium State Bank of Texas fail?
Jul 2, 2009. State Bank Of Texas of Irving, TX took over its deposits. The estimated cost of the failure was $52.7 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.