Tri-Cities Bank & Trust
Glenn Heights, TX
$9.2M
total assets, March 31, 1988
$9.2M
total assets, March 31, 1988
Tri-Cities Bank & Trust was a state nonmember bank in Glenn Heights, TX. It failed on Jun 23, 1988, and Abrams Centre National B took over its deposits. At its last report it held $9.25 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1988
This bank failed
- Failed on
- Jun 23, 1988
- Assets
- $9.2M
- Deposits
- $10.0M
- Estimated cost
- $4.0M
- Deposits went to
- Abrams Centre National B, Dallas, TX
Total assets
$9.2M
+6.1% in a year · -8.5% in a quarter
Deposits
$10.0M
+28.0% in a year · +7.9% in a quarter
Loans
$7.9M
+35.6% in a year · -5.6% in a quarter
Profit so far
-$1.6M
Jan 1 to Mar 31, 1988
Capital ratio
-7.53%
-19.52 pts in a year
Return on assets
-66.04%
-65.84 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2851 Ovilla Road, Glenn Heights, TX, 75154
- County
- Ellis
- Established
- Aug 12, 1985
- Failed
- Jun 23, 1988
- Employees
- 9
- Id
- b26356
Quarter by quarter
September 30, 1985 to March 31, 1988
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 11
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Tri-Cities Bank & Trust?
$9.25 million in total assets and $9.98 million in deposits as of March 31, 1988, with assets up 6.1% from a year before. Its loans were $7.90 million.
Is Tri-Cities Bank & Trust profitable?
No: it lost $1.60 million from January 1 to March 31, 1988. Its return on assets was -66.04% a year; about 1% is typical.
When did Tri-Cities Bank & Trust fail?
Jun 23, 1988. Abrams Centre National B of Dallas, TX took over its deposits. The estimated cost of the failure was $4.02 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.