Reagan State Bank
Big Lake, TX · Owner: Reagan Bancshares Inc
$20.3M
total assets, June 30, 1991
$20.3M
total assets, June 30, 1991
Reagan State Bank was a state nonmember bank in Big Lake, TX, owned by Reagan Bancshares Inc. It failed on Oct 3, 1991, and Security State Bank took over its deposits. At its last report it held $20.3 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Oct 3, 1991
- Assets
- $20.3M
- Deposits
- $20.9M
- Estimated cost
- $4.6M
- Deposits went to
- Security State Bank, Mccamey, TX
Total assets
$20.3M
-21.7% in a year · -17.3% in a quarter
Deposits
$20.9M
-13.0% in a year · -12.6% in a quarter
Loans
$13.9M
-17.6% in a year · -2.4% in a quarter
Profit so far
-$1.9M
Jan 1 to Jun 30, 1991 · -2266.7% in a year
Capital ratio
-3.48%
-9.64 pts in a year
Return on assets
-16.50%
-17.17 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 123 Main Street, Big Lake, TX, 76932
- County
- Reagan
- Holding company
- Reagan Bancshares Inc
- Established
- Sep 2, 1969
- Failed
- Oct 3, 1991
- Employees
- 15
- Id
- b20027
Quarter by quarter
March 31, 1984 to June 30, 1991
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 Reagan State Bank?
$20.3 million in total assets and $20.9 million in deposits as of June 30, 1991, with assets down 21.7% from a year before. Its loans were $13.9 million.
Is Reagan State Bank profitable?
No: it lost $1.95 million from January 1 to June 30, 1991. Its return on assets was -16.50% a year; about 1% is typical.
Who owns Reagan State Bank?
Reagan State Bank is owned by Reagan Bancshares Inc, its holding company.
When did Reagan State Bank fail?
Oct 3, 1991. Security State Bank of Mccamey, TX took over its deposits. The estimated cost of the failure was $4.55 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.