Northshore Bank
Houston, TX · Owner: Northshore Bancshares Inc
$47.2M
total assets, September 30, 1985
$47.2M
total assets, September 30, 1985
Northshore Bank was a state nonmember bank in Houston, TX, owned by Northshore Bancshares Inc. It failed on Nov 8, 1985, and Bank Of Woodforest took over its deposits. At its last report it held $47.2 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1985
This bank failed
- Failed on
- Nov 8, 1985
- Assets
- $47.2M
- Deposits
- $43.3M
- Estimated cost
- $12.2M
- Deposits went to
- Bank Of Woodforest, Houston, TX
Total assets
$47.2M
-18.6% in a year · 0.0% in a quarter
Deposits
$43.3M
-10.4% in a year · 0.0% in a quarter
Loans
$28.9M
-25.6% in a year · 0.0% in a quarter
Profit so far
-$3.4M
Jan 1 to Sep 30, 1985 · -1744.1% in a year
Capital ratio
4.03%
-3.27 pts in a year
Return on assets
-8.64%
-9.13 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 13301 East Freeway Drive, Houston, TX, 77015
- County
- Harris
- Holding company
- Northshore Bancshares Inc
- Established
- Aug 10, 1963
- Failed
- Nov 8, 1985
- Employees
- 49
- Id
- b18859
Quarter by quarter
March 31, 1984 to September 30, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 7
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Northshore Bank?
$47.2 million in total assets and $43.3 million in deposits as of September 30, 1985, with assets down 18.6% from a year before. Its loans were $28.9 million.
Is Northshore Bank profitable?
No: it lost $3.35 million from January 1 to September 30, 1985. Its return on assets was -8.64% a year; about 1% is typical.
Who owns Northshore Bank?
Northshore Bank is owned by Northshore Bancshares Inc, its holding company.
When did Northshore Bank fail?
Nov 8, 1985. Bank Of Woodforest of Houston, TX took over its deposits. The estimated cost of the failure was $12.2 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.