Panhandle Bank & Trust Company
Borger, TX · Owner: Texas Panhandle Bancshares Inc
$112M
total assets, September 30, 1986
$112M
total assets, September 30, 1986
Panhandle Bank & Trust Company was a state nonmember bank in Borger, TX, owned by Texas Panhandle Bancshares Inc. It failed on Dec 4, 1986, and Amarillo National Bank took over its deposits. At its last report it held $112.1 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1986
This bank failed
- Failed on
- Dec 4, 1986
- Assets
- $112M
- Deposits
- $99.9M
- Estimated cost
- $17.8M
- Deposits went to
- Amarillo National Bank, Amarillo, TX
Total assets
$112M
-20.9% in a year · -6.2% in a quarter
Deposits
$99.9M
-17.9% in a year · -5.8% in a quarter
Loans
$62.4M
-26.1% in a year · -12.1% in a quarter
Profit so far
-$2.0M
Jan 1 to Sep 30, 1986 · -4651.1% in a year
Capital ratio
2.21%
-4.85 pts in a year
Return on assets
-2.22%
-2.26 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 301 West Sixth, Borger, TX, 79007
- County
- Hutchinson
- Holding company
- Texas Panhandle Bancshares Inc
- Established
- Mar 24, 1936
- Failed
- Dec 4, 1986
- Employees
- 74
- Id
- b15371
Quarter by quarter
March 31, 1984 to September 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 11
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Panhandle Bank & Trust Company?
$112.1 million in total assets and $99.9 million in deposits as of September 30, 1986, with assets down 20.9% from a year before. Its loans were $62.4 million.
Is Panhandle Bank & Trust Company profitable?
No: it lost $2.05 million from January 1 to September 30, 1986. Its return on assets was -2.22% a year; about 1% is typical.
Who owns Panhandle Bank & Trust Company?
Panhandle Bank & Trust Company is owned by Texas Panhandle Bancshares Inc, its holding company.
When did Panhandle Bank & Trust Company fail?
Dec 4, 1986. Amarillo National Bank of Amarillo, TX took over its deposits. The estimated cost of the failure was $17.8 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.