Permian Bank
Odessa, TX · Owner: Permian Bancshares Inc
$41.2M
total assets, March 31, 1986
$41.2M
total assets, March 31, 1986
Permian Bank was a state nonmember bank in Odessa, TX, owned by Permian Bancshares Inc. It failed on Jul 18, 1986, and its insured deposits were paid out. At its last report it held $41.2 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1986
This bank failed
- Failed on
- Jul 18, 1986
- Assets
- $41.2M
- Deposits
- $38.4M
- Estimated cost
- $10.4M
- Deposits went to
- payout
Total assets
$41.2M
-21.5% in a year · -17.4% in a quarter
Deposits
$38.4M
-21.1% in a year · -17.7% in a quarter
Loans
$31.2M
-10.2% in a year · -5.5% in a quarter
Profit so far
-$539K
Jan 1 to Mar 31, 1986
Capital ratio
4.56%
-2.17 pts in a year
Return on assets
-4.73%
+1.80 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2710 North Grandview Avenue, Odessa, TX, 79767
- County
- Ector
- Holding company
- Permian Bancshares Inc
- Established
- Jan 29, 1971
- Failed
- Jul 18, 1986
- Employees
- 44
- Id
- b20355
Quarter by quarter
March 31, 1984 to March 31, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 9
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Permian Bank?
$41.2 million in total assets and $38.4 million in deposits as of March 31, 1986, with assets down 21.5% from a year before. Its loans were $31.2 million.
Is Permian Bank profitable?
No: it lost $539,000 from January 1 to March 31, 1986. Its return on assets was -4.73% a year; about 1% is typical.
Who owns Permian Bank?
Permian Bank is owned by Permian Bancshares Inc, its holding company.
When did Permian Bank fail?
Jul 18, 1986. The estimated cost of the failure was $10.4 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.