USBank
Denton, TX · Owner: Usbancshares of Texas Inc
$86.0M
total assets, September 30, 1987
$86.0M
total assets, September 30, 1987
USBank was a state nonmember bank in Denton, TX, owned by Usbancshares of Texas Inc. It failed on Dec 17, 1987, and United National Bank took over its deposits. At its last report it held $86.0 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Dec 17, 1987
- Assets
- $86.0M
- Deposits
- $84.8M
- Estimated cost
- $19.6M
- Deposits went to
- United National Bank, Dallas, TX
Total assets
$86.0M
-7.0% in a year · -4.1% in a quarter
Deposits
$84.8M
-4.1% in a year · -3.9% in a quarter
Loans
$60.9M
-8.6% in a year · -5.9% in a quarter
Profit so far
-$2.9M
Jan 1 to Sep 30, 1987
Capital ratio
0.79%
-2.14 pts in a year
Return on assets
-4.34%
-1.29 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- University And Hinkle Drives, Denton, TX, 76201
- County
- Denton
- Holding company
- Usbancshares of Texas Inc
- Established
- Jan 9, 1963
- Failed
- Dec 17, 1987
- Employees
- 83
- Id
- b18679
Quarter by quarter
March 31, 1984 to September 30, 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 USBank?
$86.0 million in total assets and $84.8 million in deposits as of September 30, 1987, with assets down 7.0% from a year before. Its loans were $60.9 million.
Is USBank profitable?
No: it lost $2.95 million from January 1 to September 30, 1987. Its return on assets was -4.34% a year; about 1% is typical.
Who owns USBank?
USBank is owned by Usbancshares of Texas Inc, its holding company.
When did USBank fail?
Dec 17, 1987. United National Bank of Dallas, TX took over its deposits. The estimated cost of the failure was $19.6 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.