$12.4M
total assets, March 31, 1991
The Chireno State Bank was a state nonmember bank in Chireno, TX. It failed on May 9, 1991, and The First State Bank took over its deposits. At its last report it held $12.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 9, 1991
- Assets
- $12.4M
- Deposits
- $12.3M
- Estimated cost
- $1.5M
- Deposits went to
- The First State Bank, Gladewater, TX
Total assets
$12.4M
-21.0% in a year · -4.6% in a quarter
Deposits
$12.3M
-18.7% in a year · -4.3% in a quarter
Loans
$5.8M
-35.0% in a year · -9.8% in a quarter
Profit so far
-$29K
Jan 1 to Mar 31, 1991
Capital ratio
-0.33%
-2.70 pts in a year
Return on assets
-0.91%
+3.41 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street And Highway Loop 34, Chireno, TX, 75937
- County
- Nacogdoches
- Established
- Oct 18, 1911
- Failed
- May 9, 1991
- Employees
- 11
- Id
- b8441
Quarter by quarter
March 31, 1984 to March 31, 1991
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 Chireno State Bank?
$12.4 million in total assets and $12.3 million in deposits as of March 31, 1991, with assets down 21.0% from a year before. Its loans were $5.81 million.
Is The Chireno State Bank profitable?
No: it lost $29,000 from January 1 to March 31, 1991. Its return on assets was -0.91% a year; about 1% is typical.
When did The Chireno State Bank fail?
May 9, 1991. The First State Bank of Gladewater, TX took over its deposits. The estimated cost of the failure was $1.47 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.