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Bank failure · TX

Banctexas Allen Parkway, N.A. (Houston, TX) — failed July 17, 1987

Banctexas Allen Parkway, N.A. of Houston, Texas was closed on July 17, 1987 and resolved through a a/a. Banctexas Allen Parkway, N. (TX) took over its insured deposits. At failure it held $125.0M in assets and $161.9M in deposits. The FDIC's estimated loss on the failure is $3.8M (3.0% of assets).

Closing date
July 17, 1987
FDIC certificate #
22115
Resolution
A/A (assistance)
Acquiring institution
Banctexas Allen Parkway, N.
Insurance fund
FDIC

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