National Bank of Commerce of Brownsville
Brownsville, TX · Owner: Rio Grande Financial Corp
$34.7M
total assets, March 31, 1989
$34.7M
total assets, March 31, 1989
National Bank of Commerce of Brownsville was a national bank in Brownsville, TX, owned by Rio Grande Financial Corp. It failed on Jul 13, 1989, and Texas Commerce Bank Rio Gra took over its deposits. At its last report it held $34.7 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- Jul 13, 1989
- Assets
- $34.7M
- Deposits
- $34.8M
- Estimated cost
- $17.2M
- Deposits went to
- Texas Commerce Bank Rio Gra, Brownsville, TX
Total assets
$34.7M
-15.0% in a year · -8.9% in a quarter
Deposits
$34.8M
-9.9% in a year · -7.6% in a quarter
Loans
$11.9M
-25.0% in a year · -15.1% in a quarter
Profit so far
-$572K
Jan 1 to Mar 31, 1989
Capital ratio
-1.26%
-6.04 pts in a year
Return on assets
-6.29%
-0.71 pts in a year
Facts
- Type
- National bank
- Head office
- 2300 Boca Chica Boulevard, Brownsville, TX, 78520
- County
- Cameron
- Holding company
- Rio Grande Financial Corp
- Established
- May 10, 1965
- Failed
- Jul 13, 1989
- Employees
- 37
- Id
- b19431
Quarter by quarter
March 31, 1984 to March 31, 1989
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 National Bank of Commerce of Brownsville?
$34.7 million in total assets and $34.8 million in deposits as of March 31, 1989, with assets down 15.0% from a year before. Its loans were $11.9 million.
Is National Bank of Commerce of Brownsville profitable?
No: it lost $572,000 from January 1 to March 31, 1989. Its return on assets was -6.29% a year; about 1% is typical.
Who owns National Bank of Commerce of Brownsville?
National Bank of Commerce of Brownsville is owned by Rio Grande Financial Corp, its holding company.
When did National Bank of Commerce of Brownsville fail?
Jul 13, 1989. Texas Commerce Bank Rio Gra of Brownsville, TX took over its deposits. The estimated cost of the failure was $17.2 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.