Western Bank-Westheimer
Houston, TX · Owner: Western Bcorp NV
$261M
total assets, June 30, 1987
$261M
total assets, June 30, 1987
Western Bank-Westheimer was a state nonmember bank in Houston, TX, owned by Western Bcorp NV. It failed on Oct 1, 1987, and Charter NB Houston took over its deposits. At its last report it held $260.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Oct 1, 1987
- Assets
- $261M
- Deposits
- $256M
- Estimated cost
- $96.3M
- Deposits went to
- Charter NB Houston, Houston, TX
Total assets
$261M
-35.6% in a year · -8.6% in a quarter
Deposits
$256M
-25.2% in a year · -12.7% in a quarter
Loans
$210M
-27.2% in a year · -4.2% in a quarter
Profit so far
-$23.5M
Jan 1 to Jun 30, 1987
Capital ratio
-13.49%
-19.78 pts in a year
Return on assets
-15.93%
-14.09 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 5433 Westheimer Road, Houston, TX, 77227
- County
- Harris
- Holding company
- Western Bcorp NV
- Established
- Apr 11, 1958
- Failed
- Oct 1, 1987
- Employees
- 120
- Id
- b17852
Quarter by quarter
March 31, 1984 to June 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 Western Bank-Westheimer?
$260.6 million in total assets and $256.1 million in deposits as of June 30, 1987, with assets down 35.6% from a year before. Its loans were $210.2 million.
Is Western Bank-Westheimer profitable?
No: it lost $23.5 million from January 1 to June 30, 1987. Its return on assets was -15.93% a year; about 1% is typical.
Who owns Western Bank-Westheimer?
Western Bank-Westheimer is owned by Western Bcorp NV, its holding company.
When did Western Bank-Westheimer fail?
Oct 1, 1987. Charter NB Houston of Houston, TX took over its deposits. The estimated cost of the failure was $96.3 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.