Texas American Bank/Greater Southwest
Grand Prairie, TX · Owner: Texas American Bancshares Inc
$32.7M
total assets, June 30, 1989
$32.7M
total assets, June 30, 1989
Texas American Bank/Greater Southwest was a state nonmember bank in Grand Prairie, TX, owned by Texas American Bancshares Inc. It failed on Jul 20, 1989, and Texas American Bridge Bank, took over its deposits. At its last report it held $32.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Jul 20, 1989
- Assets
- $32.7M
- Deposits
- $31.5M
- Estimated cost
- $3.8M
- Deposits went to
- Texas American Bridge Bank,, FT. Worth, TX
Total assets
$32.7M
-21.5% in a year · -2.2% in a quarter
Deposits
$31.5M
-20.2% in a year · -1.5% in a quarter
Loans
$21.2M
+35.1% in a year · +59.4% in a quarter
Profit so far
-$310K
Jan 1 to Jun 30, 1989
Capital ratio
2.52%
-1.43 pts in a year
Return on assets
-1.80%
+0.46 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2322 North Highway 360, Grand Prairie, TX, 75051
- County
- Tarrant
- Holding company
- Texas American Bancshares Inc
- Established
- Feb 8, 1982
- Failed
- Jul 20, 1989
- Employees
- 20
- Id
- b23672
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 Texas American Bank/Greater Southwest?
$32.7 million in total assets and $31.5 million in deposits as of June 30, 1989, with assets down 21.5% from a year before. Its loans were $21.2 million.
Is Texas American Bank/Greater Southwest profitable?
No: it lost $310,000 from January 1 to June 30, 1989. Its return on assets was -1.80% a year; about 1% is typical.
Who owns Texas American Bank/Greater Southwest?
Texas American Bank/Greater Southwest is owned by Texas American Bancshares Inc, its holding company.
When did Texas American Bank/Greater Southwest fail?
Jul 20, 1989. Texas American Bridge Bank, of FT. Worth, TX took over its deposits. The estimated cost of the failure was $3.77 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.