The First National Bank of Georgetown
Georgetown, TX · Owner: Greater Texas Bancshares Inc
$71.6M
total assets, March 31, 1990
$71.6M
total assets, March 31, 1990
The First National Bank of Georgetown was a national bank in Georgetown, TX, owned by Greater Texas Bancshares Inc. It failed on May 17, 1990, and NCNB Texas National Bank took over its deposits. At its last report it held $71.6 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- May 17, 1990
- Assets
- $71.6M
- Deposits
- $70.3M
- Estimated cost
- $32.9M
- Deposits went to
- NCNB Texas National Bank, Dallas, TX
Total assets
$71.6M
-9.0% in a year · -3.8% in a quarter
Deposits
$70.3M
-7.6% in a year · -7.3% in a quarter
Loans
$51.1M
-13.7% in a year · -8.0% in a quarter
Profit so far
-$57K
Jan 1 to Mar 31, 1990
Capital ratio
-2.62%
-5.27 pts in a year
Return on assets
-0.31%
+2.57 pts in a year
Facts
- Type
- National bank
- Head office
- 624 Austin Avenue, Georgetown, TX, 78626
- County
- Williamson
- Holding company
- Greater Texas Bancshares Inc
- Established
- Apr 20, 1890
- Failed
- May 17, 1990
- Employees
- 38
- Id
- b3216
Quarter by quarter
March 31, 1984 to March 31, 1990
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 First National Bank of Georgetown?
$71.6 million in total assets and $70.3 million in deposits as of March 31, 1990, with assets down 9.0% from a year before. Its loans were $51.1 million.
Is The First National Bank of Georgetown profitable?
No: it lost $57,000 from January 1 to March 31, 1990. Its return on assets was -0.31% a year; about 1% is typical.
Who owns The First National Bank of Georgetown?
The First National Bank of Georgetown is owned by Greater Texas Bancshares Inc, its holding company.
When did The First National Bank of Georgetown fail?
May 17, 1990. NCNB Texas National Bank of Dallas, TX took over its deposits. The estimated cost of the failure was $32.9 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.