The First National Bank of San Marcos
San Marcos, TX · Owner: Greater Texas Bancshares Inc
$77.6M
total assets, September 30, 1989
$77.6M
total assets, September 30, 1989
The First National Bank of San Marcos was a national bank in San Marcos, TX, owned by Greater Texas Bancshares Inc. It failed on Jan 4, 1990, and Victoria Bank & Trust Compa took over its deposits. At its last report it held $77.6 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1989
This bank failed
- Failed on
- Jan 4, 1990
- Assets
- $77.6M
- Deposits
- $80.0M
- Estimated cost
- $22.8M
- Deposits went to
- Victoria Bank & Trust Compa, Gonzales, TX
Total assets
$77.6M
-16.6% in a year · -11.2% in a quarter
Deposits
$80.0M
-7.4% in a year · -3.4% in a quarter
Loans
$55.4M
-19.9% in a year · -12.9% in a quarter
Profit so far
-$7.4M
Jan 1 to Sep 30, 1989
Capital ratio
-4.16%
-10.36 pts in a year
Return on assets
-11.33%
-11.25 pts in a year
Facts
- Type
- National bank
- Head office
- 123 North Edward Gary Street, San Marcos, TX, 78666
- County
- Hays
- Holding company
- Greater Texas Bancshares Inc
- Established
- Jan 1, 1879
- Failed
- Jan 4, 1990
- Employees
- 48
- Id
- b5517
Quarter by quarter
March 31, 1984 to September 30, 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 San Marcos?
$77.6 million in total assets and $80.0 million in deposits as of September 30, 1989, with assets down 16.6% from a year before. Its loans were $55.4 million.
Is The First National Bank of San Marcos profitable?
No: it lost $7.40 million from January 1 to September 30, 1989. Its return on assets was -11.33% a year; about 1% is typical.
Who owns The First National Bank of San Marcos?
The First National Bank of San Marcos is owned by Greater Texas Bancshares Inc, its holding company.
When did The First National Bank of San Marcos fail?
Jan 4, 1990. Victoria Bank & Trust Compa of Gonzales, TX took over its deposits. The estimated cost of the failure was $22.8 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.