Strawn Security Bank
Strawn, TX · Owner: First Chico Bancshares Inc
$14.4M
total assets, June 30, 1989
$14.4M
total assets, June 30, 1989
Strawn Security Bank was a state nonmember bank in Strawn, TX, owned by First Chico Bancshares Inc. It failed on Oct 5, 1989, and The First National Bank Of took over its deposits. At its last report it held $14.4 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Oct 5, 1989
- Assets
- $14.4M
- Deposits
- $14.1M
- Estimated cost
- $5.4M
- Deposits went to
- The First National Bank Of, Albany, TX
Total assets
$14.4M
-8.5% in a year · -6.2% in a quarter
Deposits
$14.1M
-4.8% in a year · -6.0% in a quarter
Loans
$11.6M
-5.6% in a year · -3.1% in a quarter
Profit so far
-$379K
Jan 1 to Jun 30, 1989 · -475.2% in a year
Capital ratio
0.68%
-4.32 pts in a year
Return on assets
-5.05%
-6.36 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Strawn, TX, 76475
- County
- Palo Pinto
- Holding company
- First Chico Bancshares Inc
- Established
- Jan 1, 1904
- Failed
- Oct 5, 1989
- Employees
- 12
- Id
- b5540
Quarter by quarter
March 31, 1984 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 Strawn Security Bank?
$14.4 million in total assets and $14.1 million in deposits as of June 30, 1989, with assets down 8.5% from a year before. Its loans were $11.6 million.
Is Strawn Security Bank profitable?
No: it lost $379,000 from January 1 to June 30, 1989. Its return on assets was -5.05% a year; about 1% is typical.
Who owns Strawn Security Bank?
Strawn Security Bank is owned by First Chico Bancshares Inc, its holding company.
When did Strawn Security Bank fail?
Oct 5, 1989. The First National Bank Of of Albany, TX took over its deposits. The estimated cost of the failure was $5.39 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.