Northway National Bank
Dallas, TX · Owner: Northway Bancshares Inc
$19.1M
total assets, December 31, 1989
$19.1M
total assets, December 31, 1989
Northway National Bank was a national bank in Dallas, TX, owned by Northway Bancshares Inc. It failed on Feb 15, 1990, and City National Bank Of Carro took over its deposits. At its last report it held $19.1 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Feb 15, 1990
- Assets
- $19.1M
- Deposits
- $23.9M
- Estimated cost
- $8.4M
- Deposits went to
- City National Bank Of Carro, Carrollton, TX
Total assets
$19.1M
-35.2% in a year · -29.9% in a quarter
Deposits
$23.9M
-10.6% in a year · -10.3% in a quarter
Loans
$17.3M
-25.9% in a year · -14.2% in a quarter
Profit so far
-$6.3M
Jan 1 to Dec 31, 1989
Capital ratio
-21.98%
-27.38 pts in a year
Return on assets
-23.34%
-16.57 pts in a year
Facts
- Type
- National bank
- Head office
- 19310 Midway Road, Dallas, TX, 75252
- County
- Dallas
- Holding company
- Northway Bancshares Inc
- Established
- Jun 1, 1981
- Failed
- Feb 15, 1990
- Employees
- 6
- Id
- b23452
Quarter by quarter
March 31, 1984 to December 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 Northway National Bank?
$19.1 million in total assets and $23.9 million in deposits as of December 31, 1989, with assets down 35.2% from a year before. Its loans were $17.3 million.
Is Northway National Bank profitable?
No: it lost $6.28 million from January 1 to December 31, 1989. Its return on assets was -23.34% a year; about 1% is typical.
Who owns Northway National Bank?
Northway National Bank is owned by Northway Bancshares Inc, its holding company.
When did Northway National Bank fail?
Feb 15, 1990. City National Bank Of Carro of Carrollton, TX took over its deposits. The estimated cost of the failure was $8.43 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.