The First National Bank of Gordon
Gordon, TX · Owner: Cattlemans Bancshares Inc
$10.9M
total assets, March 31, 1989
$10.9M
total assets, March 31, 1989
The First National Bank of Gordon was a national bank in Gordon, TX, owned by Cattlemans Bancshares Inc. It failed on May 18, 1989, and The First National Bank Of took over its deposits. At its last report it held $10.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- May 18, 1989
- Assets
- $10.9M
- Deposits
- $11.6M
- Estimated cost
- $1.3M
- Deposits went to
- The First National Bank Of, Albany, TX
Total assets
$10.9M
-22.2% in a year · -10.8% in a quarter
Deposits
$11.6M
-11.9% in a year · -6.0% in a quarter
Loans
$4.3M
-42.2% in a year · -21.7% in a quarter
Profit so far
-$550K
Jan 1 to Mar 31, 1989
Capital ratio
-6.46%
-11.75 pts in a year
Return on assets
-19.10%
-13.49 pts in a year
Facts
- Type
- National bank
- Head office
- Main Street, Gordon, TX, 76453
- County
- Palo Pinto
- Holding company
- Cattlemans Bancshares Inc
- Established
- Mar 27, 1901
- Failed
- May 18, 1989
- Employees
- 9
- Id
- b3223
Quarter by quarter
March 31, 1984 to March 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 First National Bank of Gordon?
$10.9 million in total assets and $11.6 million in deposits as of March 31, 1989, with assets down 22.2% from a year before. Its loans were $4.26 million.
Is The First National Bank of Gordon profitable?
No: it lost $550,000 from January 1 to March 31, 1989. Its return on assets was -19.10% a year; about 1% is typical.
Who owns The First National Bank of Gordon?
The First National Bank of Gordon is owned by Cattlemans Bancshares Inc, its holding company.
When did The First National Bank of Gordon fail?
May 18, 1989. The First National Bank Of of Albany, TX took over its deposits. The estimated cost of the failure was $1.30 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.