$19.7M
total assets, December 31, 1986
Sweeny Bank was a state nonmember bank in Sweeny, TX. It failed on Mar 19, 1987, and First State Bank took over its deposits. At its last report it held $19.7 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1986
This bank failed
- Failed on
- Mar 19, 1987
- Assets
- $19.7M
- Deposits
- $20.1M
- Estimated cost
- $6.0M
- Deposits went to
- First State Bank, Louise, TX
Total assets
$19.7M
-34.2% in a year · -15.7% in a quarter
Deposits
$20.1M
-27.9% in a year · -14.9% in a quarter
Loans
$11.3M
-33.1% in a year · -10.2% in a quarter
Profit so far
-$2.4M
Jan 1 to Dec 31, 1986
Capital ratio
-3.84%
-8.87 pts in a year
Return on assets
-8.70%
-6.25 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 208 Second Street, Sweeny, TX, 77480
- County
- Brazoria
- Established
- Nov 22, 1949
- Failed
- Mar 19, 1987
- Employees
- 20
- Id
- b16856
Quarter by quarter
March 31, 1984 to December 31, 1986
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 Sweeny Bank?
$19.7 million in total assets and $20.1 million in deposits as of December 31, 1986, with assets down 34.2% from a year before. Its loans were $11.3 million.
Is Sweeny Bank profitable?
No: it lost $2.39 million from January 1 to December 31, 1986. Its return on assets was -8.70% a year; about 1% is typical.
When did Sweeny Bank fail?
Mar 19, 1987. First State Bank of Louise, TX took over its deposits. The estimated cost of the failure was $5.95 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.