The Washington Bank
Falls Church, VA · Owner: Washington Natl Holdings NV
$28.1M
total assets, June 30, 1992
$28.1M
total assets, June 30, 1992
The Washington Bank was a state nonmember bank in Falls Church, VA, owned by Washington Natl Holdings NV. It failed on Sep 18, 1992, and George Mason Bank took over its deposits. At its last report it held $28.1 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1992
This bank failed
- Failed on
- Sep 18, 1992
- Assets
- $28.1M
- Deposits
- $27.9M
- Estimated cost
- $5.1M
- Deposits went to
- George Mason Bank, Fairfax, VA
Total assets
$28.1M
-28.6% in a year · -19.2% in a quarter
Deposits
$27.9M
-28.2% in a year · -19.4% in a quarter
Loans
$19.2M
-31.6% in a year · -10.5% in a quarter
Profit so far
-$168K
Jan 1 to Jun 30, 1992
Capital ratio
-0.45%
-1.27 pts in a year
Return on assets
-1.03%
+2.30 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 7787 Leesburg Pike, Falls Church, VA, 22043
- County
- Fairfax
- Holding company
- Washington Natl Holdings NV
- Established
- Aug 1, 1973
- Failed
- Sep 18, 1992
- Employees
- 23
- Id
- b21181
Quarter by quarter
March 31, 1984 to June 30, 1992
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 Washington Bank?
$28.1 million in total assets and $27.9 million in deposits as of June 30, 1992, with assets down 28.6% from a year before. Its loans were $19.2 million.
Is The Washington Bank profitable?
No: it lost $168,000 from January 1 to June 30, 1992. Its return on assets was -1.03% a year; about 1% is typical.
Who owns The Washington Bank?
The Washington Bank is owned by Washington Natl Holdings NV, its holding company.
When did The Washington Bank fail?
Sep 18, 1992. George Mason Bank of Fairfax, VA took over its deposits. The estimated cost of the failure was $5.07 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.