West Belt National Bank
Houston, TX · Owner: Westchase Bancshares Inc
$26.1M
total assets, September 30, 1988
$26.1M
total assets, September 30, 1988
West Belt National Bank was a national bank in Houston, TX, owned by Westchase Bancshares Inc. It failed on Jan 12, 1989, and Deposit Guranty Bank took over its deposits. At its last report it held $26.1 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1988
This bank failed
- Failed on
- Jan 12, 1989
- Assets
- $26.1M
- Deposits
- $30.2M
- Estimated cost
- $10.8M
- Deposits went to
- Deposit Guranty Bank, Dallas, TX
Total assets
$26.1M
-37.3% in a year · -20.2% in a quarter
Deposits
$30.2M
-24.9% in a year · -9.8% in a quarter
Loans
$19.0M
-36.7% in a year · -22.7% in a quarter
Profit so far
-$5.0M
Jan 1 to Sep 30, 1988
Capital ratio
-14.74%
-17.02 pts in a year
Return on assets
-20.57%
-17.32 pts in a year
Facts
- Type
- National bank
- Head office
- 10475 Richmond Avenue, Houston, TX, 77242
- County
- Harris
- Holding company
- Westchase Bancshares Inc
- Established
- Jan 3, 1983
- Failed
- Jan 12, 1989
- Employees
- 15
- Id
- b24297
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 West Belt National Bank?
$26.1 million in total assets and $30.2 million in deposits as of September 30, 1988, with assets down 37.3% from a year before. Its loans were $19.0 million.
Is West Belt National Bank profitable?
No: it lost $5.04 million from January 1 to September 30, 1988. Its return on assets was -20.57% a year; about 1% is typical.
Who owns West Belt National Bank?
West Belt National Bank is owned by Westchase Bancshares Inc, its holding company.
When did West Belt National Bank fail?
Jan 12, 1989. Deposit Guranty Bank of Dallas, TX took over its deposits. The estimated cost of the failure was $10.8 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.