First National Bank Quitaque, First National Bank of Quitaque was established on Aug. 20, 1920. Headquartered in Quitaque, TX, it has assets in the amount of $52,804,000. Its customers are served from 1 location. Deposits in First National Bank of Quitaque are insured by FDIC.
FINANCIAL DETAILS FOR THE FIRST NATIONAL BANK OF QUITAQUE
Note: The Federal Deposit Insurance Corp. insures deposit accounts up to $250,000. The “troubled asset ratio” is not an FDIC statistic. It is derived by adding the amounts of loans past due 90 days or more, loans in non-accrual status and other real estate owned (primarily properties obtained through foreclosure) and dividing that amount by the bank’s capital and loan loss reserves. It is reported as a percentage. For example, a bank with $100,000 in “troubled assets” and $1,000,000 in capital would have a “troubled asset ratio” of 10 percent. For a fuller explanation, see our methodology.