Bank failure · TX

American Nat Bk in McLean (McLean, TX) — failed August 16, 1984

American Nat Bk in McLean of McLean, Texas was closed on August 16, 1984 and resolved through a purchase and assumption. McLean Bank of Commerce (TX) took over its insured deposits. At failure it held $14.3M in assets and $13.4M in deposits. The FDIC's estimated loss on the failure is $3.0M (21.1% of assets).