Northwest Bank
White Settlement, TX · Owner: Northwest Financial Corp
$54.0M
total assets, March 31, 1985
$54.0M
total assets, March 31, 1985
Northwest Bank was a state nonmember bank in White Settlement, TX, owned by Northwest Financial Corp. It failed on May 23, 1985, and Landmark Bank-northwest took over its deposits. At its last report it held $54.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- May 23, 1985
- Assets
- $54.0M
- Deposits
- $51.1M
- Estimated cost
- $11.5M
- Deposits went to
- Landmark Bank-northwest, White Settlement, TX
Total assets
$54.0M
+2.8% in a year · -4.9% in a quarter
Deposits
$51.1M
+8.1% in a year · -0.2% in a quarter
Loans
$34.6M
+10.2% in a year · -7.1% in a quarter
Profit so far
-$1.4M
Jan 1 to Mar 31, 1985 · -1203.9% in a year
Capital ratio
3.19%
-3.58 pts in a year
Return on assets
-10.12%
-11.14 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 9400 White Settlement Road, White Settlement, TX, 76108
- County
- Tarrant
- Holding company
- Northwest Financial Corp
- Established
- Apr 3, 1964
- Failed
- May 23, 1985
- Employees
- 36
- Id
- b19076
Quarter by quarter
March 31, 1984 to March 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 5
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Northwest Bank?
$54.0 million in total assets and $51.1 million in deposits as of March 31, 1985, with assets up 2.8% from a year before. Its loans were $34.6 million.
Is Northwest Bank profitable?
No: it lost $1.40 million from January 1 to March 31, 1985. Its return on assets was -10.12% a year; about 1% is typical.
Who owns Northwest Bank?
Northwest Bank is owned by Northwest Financial Corp, its holding company.
When did Northwest Bank fail?
May 23, 1985. Landmark Bank-northwest of White Settlement, TX took over its deposits. The estimated cost of the failure was $11.5 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.