$29.6M
total assets, June 30, 1988
Town and Country National Bank was a national bank in Harlingen, TX. It failed on Aug 18, 1988, and Harlingen National Bank took over its deposits. At its last report it held $29.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Aug 18, 1988
- Assets
- $29.6M
- Deposits
- $30.8M
- Estimated cost
- $11.1M
- Deposits went to
- Harlingen National Bank, Harlingen, TX
Total assets
$29.6M
-23.4% in a year · -11.0% in a quarter
Deposits
$30.8M
-14.2% in a year · -11.8% in a quarter
Loans
$22.3M
-21.9% in a year · -7.6% in a quarter
Profit so far
-$3.0M
Jan 1 to Jun 30, 1988
Capital ratio
-12.85%
-17.99 pts in a year
Return on assets
-18.23%
-12.52 pts in a year
Facts
- Type
- National bank
- Head office
- 1902 West Tyler Street, Harlingen, TX, 78550
- County
- Cameron
- Established
- Nov 8, 1982
- Failed
- Aug 18, 1988
- Employees
- 20
- Id
- b24194
Quarter by quarter
March 31, 1984 to June 30, 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 Town and Country National Bank?
$29.6 million in total assets and $30.8 million in deposits as of June 30, 1988, with assets down 23.4% from a year before. Its loans were $22.3 million.
Is Town and Country National Bank profitable?
No: it lost $2.96 million from January 1 to June 30, 1988. Its return on assets was -18.23% a year; about 1% is typical.
When did Town and Country National Bank fail?
Aug 18, 1988. Harlingen National Bank of Harlingen, TX took over its deposits. The estimated cost of the failure was $11.1 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.