$77.4M
total assets, June 30, 1986
Western Bank was a state nonmember bank in Midland, TX. It failed on Sep 4, 1986, and United Bank National Ass took over its deposits. At its last report it held $77.4 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1986
This bank failed
- Failed on
- Sep 4, 1986
- Assets
- $77.4M
- Deposits
- $70.6M
- Estimated cost
- $27.5M
- Deposits went to
- United Bank National Ass, Midland, TX
Total assets
$77.4M
-19.3% in a year · -9.4% in a quarter
Deposits
$70.6M
-22.0% in a year · -5.6% in a quarter
Loans
$64.6M
-16.7% in a year · -8.0% in a quarter
Profit so far
$193K
Jan 1 to Jun 30, 1986
Capital ratio
2.56%
-0.97 pts in a year
Return on assets
0.45%
+1.76 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1030 Andrews Highway, Midland, TX, 79701
- County
- Midland
- Established
- Feb 11, 1972
- Failed
- Sep 4, 1986
- Employees
- 56
- Id
- b20616
Quarter by quarter
March 31, 1984 to June 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 10
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Western Bank?
$77.4 million in total assets and $70.6 million in deposits as of June 30, 1986, with assets down 19.3% from a year before. Its loans were $64.6 million.
Is Western Bank profitable?
Yes: it earned $193,000 from January 1 to June 30, 1986. Its return on assets was 0.45% a year; about 1% is typical.
When did Western Bank fail?
Sep 4, 1986. United Bank National Ass of Midland, TX took over its deposits. The estimated cost of the failure was $27.5 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.