Western Bank
Duncanville, TX · Owner: First Western Bancshares Inc
$39.8M
total assets, September 30, 1990
$39.8M
total assets, September 30, 1990
Western Bank was a state nonmember bank in Duncanville, TX, owned by First Western Bancshares Inc. It failed on Nov 15, 1990, and Western Bank & Trust took over its deposits. At its last report it held $39.8 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1990
This bank failed
- Failed on
- Nov 15, 1990
- Assets
- $39.8M
- Deposits
- $39.6M
- Estimated cost
- $5.9M
- Deposits went to
- Western Bank & Trust, Duncanville, TX
Total assets
$39.8M
-10.2% in a year · -5.5% in a quarter
Deposits
$39.6M
-10.4% in a year · -5.7% in a quarter
Loans
$19.9M
-19.2% in a year · -3.7% in a quarter
Profit so far
-$125K
Jan 1 to Sep 30, 1990
Capital ratio
0.05%
+0.19 pts in a year
Return on assets
-0.40%
+2.39 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 219 East Camp Wisdom Road, Duncanville, TX, 75116
- County
- Dallas
- Holding company
- First Western Bancshares Inc
- Established
- Apr 8, 1974
- Failed
- Nov 15, 1990
- Employees
- 31
- Id
- b21518
Quarter by quarter
March 31, 1984 to September 30, 1990
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 Western Bank?
$39.8 million in total assets and $39.6 million in deposits as of September 30, 1990, with assets down 10.2% from a year before. Its loans were $19.9 million.
Is Western Bank profitable?
No: it lost $125,000 from January 1 to September 30, 1990. Its return on assets was -0.40% a year; about 1% is typical.
Who owns Western Bank?
Western Bank is owned by First Western Bancshares Inc, its holding company.
When did Western Bank fail?
Nov 15, 1990. Western Bank & Trust of Duncanville, TX took over its deposits. The estimated cost of the failure was $5.88 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.