$12.0M
total assets, December 31, 1991
Southside National Bank was a national bank in Nacogdoches, TX. It failed on Mar 19, 1992, and Fredonia State Bank took over its deposits. At its last report it held $12.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1991
This bank failed
- Failed on
- Mar 19, 1992
- Assets
- $12.0M
- Deposits
- $12.0M
- Estimated cost
- $3.3M
- Deposits went to
- Fredonia State Bank, Nacogdoches, TX
Total assets
$12.0M
-19.5% in a year · -12.4% in a quarter
Deposits
$12.0M
-16.5% in a year · -10.6% in a quarter
Loans
$7.8M
-9.3% in a year · -7.9% in a quarter
Profit so far
-$316K
Jan 1 to Dec 31, 1991
Capital ratio
-1.04%
-2.16 pts in a year
Return on assets
-2.28%
-0.03 pts in a year
Facts
- Type
- National bank
- Head office
- 2600 South Street, Nacogdoches, TX, 75961
- County
- Nacogdoches
- Established
- Dec 7, 1981
- Failed
- Mar 19, 1992
- Employees
- 13
- Id
- b23633
Quarter by quarter
March 31, 1984 to December 31, 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 Southside National Bank?
$12.0 million in total assets and $12.0 million in deposits as of December 31, 1991, with assets down 19.5% from a year before. Its loans were $7.79 million.
Is Southside National Bank profitable?
No: it lost $316,000 from January 1 to December 31, 1991. Its return on assets was -2.28% a year; about 1% is typical.
When did Southside National Bank fail?
Mar 19, 1992. Fredonia State Bank of Nacogdoches, TX took over its deposits. The estimated cost of the failure was $3.29 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.