The Central National Bank of San Angelo
San Angelo, TX · Owner: Central Natl Bancshares Inc
$147M
total assets, December 31, 1989
$147M
total assets, December 31, 1989
The Central National Bank of San Angelo was a national bank in San Angelo, TX, owned by Central Natl Bancshares Inc. It failed on Mar 22, 1990, and First National Bank At Lubb took over its deposits. At its last report it held $147.4 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Mar 22, 1990
- Assets
- $147M
- Deposits
- $148M
- Estimated cost
- $45.1M
- Deposits went to
- First National Bank At Lubb, Lubbock, TX
Total assets
$147M
-34.7% in a year · -14.7% in a quarter
Deposits
$148M
-31.1% in a year · -6.6% in a quarter
Loans
$115M
-28.2% in a year · -13.6% in a quarter
Profit so far
-$21.5M
Jan 1 to Dec 31, 1989
Capital ratio
-12.09%
-12.72 pts in a year
Return on assets
-11.52%
-4.86 pts in a year
Facts
- Type
- National bank
- Head office
- 40 West Beauregard Street, San Angelo, TX, 76901
- County
- Tom Green
- Holding company
- Central Natl Bancshares Inc
- Established
- Oct 31, 1907
- Failed
- Mar 22, 1990
- Employees
- 162
- Id
- b5507
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 The Central National Bank of San Angelo?
$147.4 million in total assets and $148.2 million in deposits as of December 31, 1989, with assets down 34.7% from a year before. Its loans were $114.8 million.
Is The Central National Bank of San Angelo profitable?
No: it lost $21.5 million from January 1 to December 31, 1989. Its return on assets was -11.52% a year; about 1% is typical.
Who owns The Central National Bank of San Angelo?
The Central National Bank of San Angelo is owned by Central Natl Bancshares Inc, its holding company.
When did The Central National Bank of San Angelo fail?
Mar 22, 1990. First National Bank At Lubb of Lubbock, TX took over its deposits. The estimated cost of the failure was $45.1 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.