Texasbanc Savings Association
Conroe, TX
$249M
total assets, December 31, 1989
$249M
total assets, December 31, 1989
Texasbanc Savings Association was a savings and loan in Conroe, TX. It failed on Feb 23, 1990, and Guaranty FSB took over its deposits. At its last report it held $248.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Feb 23, 1990
- Assets
- $249M
- Deposits
- $386M
- Estimated cost
- $326M
- Deposits went to
- Guaranty FSB, Dallas, TX
Total assets
$249M
-27.8% in a year · -34.7% in a quarter
Deposits
$386M
+15.3% in a year · +2.7% in a quarter
Loans
$204M
-27.5% in a year · -19.8% in a quarter
Profit so far
-$147M
Jan 1 to Dec 31, 1989
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-43.45%
-43.28 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 1110 Loop 336, Conroe, TX, 77305
- County
- Montgomery
- Established
- Jan 1, 1972
- Failed
- Feb 23, 1990
- Id
- b31660
Quarter by quarter
March 31, 1984 to December 31, 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 Texasbanc Savings Association?
$248.8 million in total assets and $385.7 million in deposits as of December 31, 1989, with assets down 27.8% from a year before. Its loans were $203.5 million.
Is Texasbanc Savings Association profitable?
No: it lost $146.6 million from January 1 to December 31, 1989. Its return on assets was -43.45% a year; about 1% is typical.
When did Texasbanc Savings Association fail?
Feb 23, 1990. Guaranty FSB of Dallas, TX took over its deposits. The estimated cost of the failure was $325.9 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.