Western Bank
El Paso, TX · Owner: Western Bancshares El Paso Inc
$46.7M
total assets, December 31, 1986
$46.7M
total assets, December 31, 1986
Western Bank was a state nonmember bank in El Paso, TX, owned by Western Bancshares El Paso Inc. It failed on Mar 12, 1987, and Mbank El Paso National A took over its deposits. At its last report it held $46.7 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1986
This bank failed
- Failed on
- Mar 12, 1987
- Assets
- $46.7M
- Deposits
- $46.1M
- Estimated cost
- $13.5M
- Deposits went to
- Mbank El Paso National A, El Paso, TX
Total assets
$46.7M
-11.1% in a year · -4.6% in a quarter
Deposits
$46.1M
-3.6% in a year · +1.4% in a quarter
Loans
$31.8M
-12.4% in a year · -8.4% in a quarter
Profit so far
-$4.0M
Jan 1 to Dec 31, 1986 · -2415.7% in a year
Capital ratio
0.67%
-7.60 pts in a year
Return on assets
-7.82%
-8.16 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2501 North Mesa Street, El Paso, TX, 79998
- County
- El Paso
- Holding company
- Western Bancshares El Paso Inc
- Established
- Jan 2, 1973
- Failed
- Mar 12, 1987
- Employees
- 34
- Id
- b20915
Quarter by quarter
March 31, 1984 to December 31, 1986
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?
$46.7 million in total assets and $46.1 million in deposits as of December 31, 1986, with assets down 11.1% from a year before. Its loans were $31.8 million.
Is Western Bank profitable?
No: it lost $3.98 million from January 1 to December 31, 1986. Its return on assets was -7.82% a year; about 1% is typical.
Who owns Western Bank?
Western Bank is owned by Western Bancshares El Paso Inc, its holding company.
When did Western Bank fail?
Mar 12, 1987. Mbank El Paso National A of El Paso, TX took over its deposits. The estimated cost of the failure was $13.5 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.