The First National Bank of Wortham
Wortham, TX
$7.3M
total assets, December 31, 1990
$7.3M
total assets, December 31, 1990
The First National Bank of Wortham was a national bank in Wortham, TX. It failed on Feb 14, 1991, and Farmers State Bank took over its deposits. At its last report it held $7.28 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Feb 14, 1991
- Assets
- $7.3M
- Deposits
- $7.7M
- Estimated cost
- $2.1M
- Deposits went to
- Farmers State Bank, Groesbeck, TX
Total assets
$7.3M
-11.0% in a year · -10.9% in a quarter
Deposits
$7.7M
-4.0% in a year · -4.8% in a quarter
Loans
$4.3M
-8.7% in a year · +7.1% in a quarter
Profit so far
-$562K
Jan 1 to Dec 31, 1990
Capital ratio
-5.70%
-6.94 pts in a year
Return on assets
-7.06%
-2.91 pts in a year
Facts
- Type
- National bank
- Head office
- Main And 2nd Streets (southeast), Wortham, TX, 76693
- County
- Freestone
- Established
- Jan 1, 1903
- Failed
- Feb 14, 1991
- Employees
- 6
- Id
- b5594
Quarter by quarter
March 31, 1984 to December 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 Wortham?
$7.28 million in total assets and $7.71 million in deposits as of December 31, 1990, with assets down 11.0% from a year before. Its loans were $4.25 million.
Is The First National Bank of Wortham profitable?
No: it lost $562,000 from January 1 to December 31, 1990. Its return on assets was -7.06% a year; about 1% is typical.
When did The First National Bank of Wortham fail?
Feb 14, 1991. Farmers State Bank of Groesbeck, TX took over its deposits. The estimated cost of the failure was $2.11 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.