$39.7M
total assets, December 31, 1988
Texas National Bank was a national bank in Houston, TX. It failed on Feb 16, 1989, and First Galleria Bank took over its deposits. At its last report it held $39.7 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1988
This bank failed
- Failed on
- Feb 16, 1989
- Assets
- $39.7M
- Deposits
- $57.8M
- Estimated cost
- $24.8M
- Deposits went to
- First Galleria Bank, Houston, TX
Total assets
$39.7M
-30.7% in a year · +4.5% in a quarter
Deposits
$57.8M
+9.6% in a year · +1.2% in a quarter
Loans
$35.8M
-23.4% in a year · -6.1% in a quarter
Profit so far
-$19.7M
Jan 1 to Dec 31, 1988
Capital ratio
-51.20%
-52.42 pts in a year
Return on assets
-39.30%
-34.06 pts in a year
Facts
- Type
- National bank
- Head office
- 755 Post Oak Boulevard, Houston, TX, 77001
- County
- Harris
- Established
- May 7, 1984
- Failed
- Feb 16, 1989
- Employees
- 13
- Id
- b25335
Quarter by quarter
September 30, 1984 to December 31, 1988
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 National Bank?
$39.7 million in total assets and $57.8 million in deposits as of December 31, 1988, with assets down 30.7% from a year before. Its loans were $35.8 million.
Is Texas National Bank profitable?
No: it lost $19.7 million from January 1 to December 31, 1988. Its return on assets was -39.30% a year; about 1% is typical.
When did Texas National Bank fail?
Feb 16, 1989. First Galleria Bank of Houston, TX took over its deposits. The estimated cost of the failure was $24.8 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.