The First National Bank of Levelland
Levelland, TX · Owner: Levelland Co the
$62.2M
total assets, June 30, 1990
$62.2M
total assets, June 30, 1990
The First National Bank of Levelland was a national bank in Levelland, TX, owned by Levelland Co the. It failed on Aug 30, 1990, and Citizens Bank took over its deposits. At its last report it held $62.2 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1990
This bank failed
- Failed on
- Aug 30, 1990
- Assets
- $62.2M
- Deposits
- $64.4M
- Estimated cost
- $9.4M
- Deposits went to
- Citizens Bank, Kilgore, TX
Total assets
$62.2M
-26.2% in a year · -8.0% in a quarter
Deposits
$64.4M
-21.1% in a year · -7.6% in a quarter
Loans
$40.3M
-15.7% in a year · -1.6% in a quarter
Profit so far
-$2.7M
Jan 1 to Jun 30, 1990
Capital ratio
-3.83%
-6.52 pts in a year
Return on assets
-8.00%
-7.35 pts in a year
Facts
- Type
- National bank
- Head office
- 1 First Place, Levelland, TX, 79336
- County
- Hockley
- Holding company
- Levelland Co the
- Established
- Aug 25, 1925
- Failed
- Aug 30, 1990
- Employees
- 42
- Id
- b3299
Quarter by quarter
March 31, 1984 to June 30, 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 Levelland?
$62.2 million in total assets and $64.4 million in deposits as of June 30, 1990, with assets down 26.2% from a year before. Its loans were $40.3 million.
Is The First National Bank of Levelland profitable?
No: it lost $2.75 million from January 1 to June 30, 1990. Its return on assets was -8.00% a year; about 1% is typical.
Who owns The First National Bank of Levelland?
The First National Bank of Levelland is owned by Levelland Co the, its holding company.
When did The First National Bank of Levelland fail?
Aug 30, 1990. Citizens Bank of Kilgore, TX took over its deposits. The estimated cost of the failure was $9.45 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.