Northwest Bank and Trust
Houston, TX · Owner: Texfirst Bancshares Inc
$97.6M
total assets, March 31, 1988
$97.6M
total assets, March 31, 1988
Northwest Bank and Trust was a state nonmember bank in Houston, TX, owned by Texfirst Bancshares Inc. It failed on Jun 23, 1988, and Northwest Bank took over its deposits. At its last report it held $97.6 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1988
This bank failed
- Failed on
- Jun 23, 1988
- Assets
- $97.6M
- Deposits
- $92.5M
- Estimated cost
- $40.5M
- Deposits went to
- Northwest Bank, Houston, TX
Total assets
$97.6M
-23.2% in a year · -2.5% in a quarter
Deposits
$92.5M
-19.8% in a year · -4.7% in a quarter
Loans
$53.7M
-30.2% in a year · -5.9% in a quarter
Profit so far
-$1.5M
Jan 1 to Mar 31, 1988 · -11538.5% in a year
Capital ratio
-7.72%
-13.80 pts in a year
Return on assets
-6.02%
-6.06 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 900 Northwest Mall, Houston, TX, 77018
- County
- Harris
- Holding company
- Texfirst Bancshares Inc
- Established
- Nov 3, 1969
- Failed
- Jun 23, 1988
- Employees
- 62
- Id
- b20071
Quarter by quarter
March 31, 1984 to March 31, 1988
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 Northwest Bank and Trust?
$97.6 million in total assets and $92.5 million in deposits as of March 31, 1988, with assets down 23.2% from a year before. Its loans were $53.7 million.
Is Northwest Bank and Trust profitable?
No: it lost $1.49 million from January 1 to March 31, 1988. Its return on assets was -6.02% a year; about 1% is typical.
Who owns Northwest Bank and Trust?
Northwest Bank and Trust is owned by Texfirst Bancshares Inc, its holding company.
When did Northwest Bank and Trust fail?
Jun 23, 1988. Northwest Bank of Houston, TX took over its deposits. The estimated cost of the failure was $40.5 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.