Unitedbank - Houston
Houston, TX · Owner: Unicorp Bancshares Inc
$217M
total assets, March 31, 1987
$217M
total assets, March 31, 1987
Unitedbank - Houston was a state nonmember bank in Houston, TX, owned by Unicorp Bancshares Inc. It failed on Apr 30, 1987, and American Bank took over its deposits. At its last report it held $217.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1987
This bank failed
- Failed on
- Apr 30, 1987
- Assets
- $217M
- Deposits
- $183M
- Estimated cost
- $111M
- Deposits went to
- American Bank, Houston, TX
Total assets
$217M
-18.2% in a year · -7.4% in a quarter
Deposits
$183M
-19.9% in a year · -20.5% in a quarter
Loans
$152M
-14.6% in a year · -4.1% in a quarter
Profit so far
-$3.5M
Jan 1 to Mar 31, 1987
Capital ratio
-0.21%
-5.24 pts in a year
Return on assets
-6.17%
-3.02 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1415 Louisiana Street, Houston, TX, 77002
- County
- Harris
- Holding company
- Unicorp Bancshares Inc
- Established
- Oct 11, 1962
- Failed
- Apr 30, 1987
- Employees
- 124
- Id
- b18595
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 Unitedbank - Houston?
$217.3 million in total assets and $183.4 million in deposits as of March 31, 1987, with assets down 18.2% from a year before. Its loans were $152.2 million.
Is Unitedbank - Houston profitable?
No: it lost $3.48 million from January 1 to March 31, 1987. Its return on assets was -6.17% a year; about 1% is typical.
Who owns Unitedbank - Houston?
Unitedbank - Houston is owned by Unicorp Bancshares Inc, its holding company.
When did Unitedbank - Houston fail?
Apr 30, 1987. American Bank of Houston, TX took over its deposits. The estimated cost of the failure was $110.8 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.