The First State Bank, Childress, Texas
Childress, TX · Owner: First St Bcorp Childress Inc
$14.9M
total assets, March 31, 1988
$14.9M
total assets, March 31, 1988
The First State Bank, Childress, Texas was a state nonmember bank in Childress, TX, owned by First St Bcorp Childress Inc. It failed on May 12, 1988, and Citizens STB Of Dalhart took over its deposits. At its last report it held $14.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1988
This bank failed
- Failed on
- May 12, 1988
- Assets
- $14.9M
- Deposits
- $14.6M
- Estimated cost
- $3.5M
- Deposits went to
- Citizens STB Of Dalhart, Dalhart, TX
Total assets
$14.9M
-20.7% in a year · -2.8% in a quarter
Deposits
$14.6M
-18.5% in a year · -2.7% in a quarter
Loans
$7.5M
-22.1% in a year · -11.7% in a quarter
Profit so far
-$31K
Jan 1 to Mar 31, 1988
Capital ratio
1.13%
-3.11 pts in a year
Return on assets
-0.82%
+3.30 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 501 Avenue F, Northwest, Childress, TX, 79201
- County
- Childress
- Holding company
- First St Bcorp Childress Inc
- Established
- Jan 1, 1907
- Failed
- May 12, 1988
- Employees
- 14
- Id
- b12295
Quarter by quarter
March 31, 1984 to March 31, 1988
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 State Bank, Childress, Texas?
$14.9 million in total assets and $14.6 million in deposits as of March 31, 1988, with assets down 20.7% from a year before. Its loans were $7.53 million.
Is The First State Bank, Childress, Texas profitable?
No: it lost $31,000 from January 1 to March 31, 1988. Its return on assets was -0.82% a year; about 1% is typical.
Who owns The First State Bank, Childress, Texas?
The First State Bank, Childress, Texas is owned by First St Bcorp Childress Inc, its holding company.
When did The First State Bank, Childress, Texas fail?
May 12, 1988. Citizens STB Of Dalhart of Dalhart, TX took over its deposits. The estimated cost of the failure was $3.48 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.