$208M
total assets, March 31, 1987
United Bank of Texas was a state nonmember bank in Austin, TX. It failed on Jun 4, 1987, and Mbank Austin National As took over its deposits. At its last report it held $208.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1987
This bank failed
- Failed on
- Jun 4, 1987
- Assets
- $208M
- Deposits
- $190M
- Estimated cost
- $62.4M
- Deposits went to
- Mbank Austin National As, Austin, TX
Total assets
$208M
+0.6% in a year · -4.0% in a quarter
Deposits
$190M
-2.8% in a year · -9.6% in a quarter
Loans
$130M
-14.9% in a year · -2.6% in a quarter
Profit so far
-$851K
Jan 1 to Mar 31, 1987
Capital ratio
0.22%
-3.11 pts in a year
Return on assets
-1.60%
-1.26 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 15th And Guadalupe Streets, Austin, TX, 78767
- County
- Travis
- Established
- Jun 16, 1969
- Failed
- Jun 4, 1987
- Employees
- 112
- Id
- b20065
Quarter by quarter
March 31, 1984 to March 31, 1987
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 United Bank of Texas?
$208.4 million in total assets and $190.4 million in deposits as of March 31, 1987, with assets up 0.6% from a year before. Its loans were $130.0 million.
Is United Bank of Texas profitable?
No: it lost $851,000 from January 1 to March 31, 1987. Its return on assets was -1.60% a year; about 1% is typical.
When did United Bank of Texas fail?
Jun 4, 1987. Mbank Austin National As of Austin, TX took over its deposits. The estimated cost of the failure was $62.4 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.