Richardson National Bank
Richardson, TX · Owner: Northway Bancshares Inc
$50.5M
total assets, March 31, 1990
$50.5M
total assets, March 31, 1990
Richardson National Bank was a national bank in Richardson, TX, owned by Northway Bancshares Inc. It failed on May 3, 1990, and Comerica Bank - Texas took over its deposits. At its last report it held $50.5 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- May 3, 1990
- Assets
- $50.5M
- Deposits
- $59.1M
- Estimated cost
- $12.4M
- Deposits went to
- Comerica Bank - Texas, Dallas, TX
Total assets
$50.5M
-28.4% in a year · -7.6% in a quarter
Deposits
$59.1M
-12.0% in a year · -6.1% in a quarter
Loans
$31.4M
-23.4% in a year · -12.4% in a quarter
Profit so far
-$312K
Jan 1 to Mar 31, 1990 · -1742.1% in a year
Capital ratio
-17.77%
-21.95 pts in a year
Return on assets
-2.38%
-2.48 pts in a year
Facts
- Type
- National bank
- Head office
- 1201 East Beltline Road, Richardson, TX, 75080
- County
- Dallas
- Holding company
- Northway Bancshares Inc
- Established
- Nov 4, 1974
- Failed
- May 3, 1990
- Employees
- 30
- Id
- b21812
Quarter by quarter
March 31, 1984 to March 31, 1990
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 Richardson National Bank?
$50.5 million in total assets and $59.1 million in deposits as of March 31, 1990, with assets down 28.4% from a year before. Its loans were $31.4 million.
Is Richardson National Bank profitable?
No: it lost $312,000 from January 1 to March 31, 1990. Its return on assets was -2.38% a year; about 1% is typical.
Who owns Richardson National Bank?
Richardson National Bank is owned by Northway Bancshares Inc, its holding company.
When did Richardson National Bank fail?
May 3, 1990. Comerica Bank - Texas of Dallas, TX took over its deposits. The estimated cost of the failure was $12.4 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.