Union Bank of Houston
Houston, TX · Owner: Union of Texas Bancshares Inc
$55.4M
total assets, September 30, 1988
$55.4M
total assets, September 30, 1988
Union Bank of Houston was a state nonmember bank in Houston, TX, owned by Union of Texas Bancshares Inc. It failed on Dec 1, 1988, and Texas Commerce Bank Na took over its deposits. At its last report it held $55.4 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1988
This bank failed
- Failed on
- Dec 1, 1988
- Assets
- $55.4M
- Deposits
- $49.1M
- Estimated cost
- $12.6M
- Deposits went to
- Texas Commerce Bank Na, Houston, TX
Total assets
$55.4M
-36.8% in a year · -10.4% in a quarter
Deposits
$49.1M
-39.3% in a year · -16.2% in a quarter
Loans
$35.8M
-36.4% in a year · -11.1% in a quarter
Profit so far
-$2.4M
Jan 1 to Sep 30, 1988
Capital ratio
-2.99%
-6.12 pts in a year
Return on assets
-4.69%
-2.52 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Dallas And Smith Streets, Houston, TX, 77001
- County
- Harris
- Holding company
- Union of Texas Bancshares Inc
- Established
- Apr 15, 1964
- Failed
- Dec 1, 1988
- Employees
- 38
- Id
- b19092
Quarter by quarter
March 31, 1984 to September 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 Union Bank of Houston?
$55.4 million in total assets and $49.1 million in deposits as of September 30, 1988, with assets down 36.8% from a year before. Its loans were $35.8 million.
Is Union Bank of Houston profitable?
No: it lost $2.39 million from January 1 to September 30, 1988. Its return on assets was -4.69% a year; about 1% is typical.
Who owns Union Bank of Houston?
Union Bank of Houston is owned by Union of Texas Bancshares Inc, its holding company.
When did Union Bank of Houston fail?
Dec 1, 1988. Texas Commerce Bank Na of Houston, TX took over its deposits. The estimated cost of the failure was $12.6 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.