$16.4M
total assets, June 30, 1989
Prairie State Bank was a state nonmember bank in Grand Prairie, TX. It failed on Sep 14, 1989, and Bedford National Bank took over its deposits. At its last report it held $16.4 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Sep 14, 1989
- Assets
- $16.4M
- Deposits
- $16.8M
- Estimated cost
- $2.8M
- Deposits went to
- Bedford National Bank, Bedford, TX
Total assets
$16.4M
-15.3% in a year · -10.4% in a quarter
Deposits
$16.8M
-7.5% in a year · -5.4% in a quarter
Loans
$9.5M
-17.1% in a year · -7.7% in a quarter
Profit so far
-$1.1M
Jan 1 to Jun 30, 1989
Capital ratio
-3.36%
-9.07 pts in a year
Return on assets
-11.96%
-10.99 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 726 West Highway 303, Grand Prairie, TX, 75051
- County
- Dallas
- Established
- Dec 11, 1985
- Failed
- Sep 14, 1989
- Employees
- 16
- Id
- b26462
Quarter by quarter
December 31, 1985 to June 30, 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 Prairie State Bank?
$16.4 million in total assets and $16.8 million in deposits as of June 30, 1989, with assets down 15.3% from a year before. Its loans were $9.49 million.
Is Prairie State Bank profitable?
No: it lost $1.07 million from January 1 to June 30, 1989. Its return on assets was -11.96% a year; about 1% is typical.
When did Prairie State Bank fail?
Sep 14, 1989. Bedford National Bank of Bedford, TX took over its deposits. The estimated cost of the failure was $2.76 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.