Bank failure · TX
Banctexas Houston (Houston, TX) — failed July 17, 1987
Banctexas Houston of Houston, Texas was closed on July 17, 1987 and resolved through a a/a. Banctexas Houston, N.A. (TX) took over its insured deposits. At failure it held $45.9M in assets and $45.0M in deposits. The FDIC's estimated loss on the failure is $8.8M (19.2% of assets).
- Closing date
- July 17, 1987
- FDIC certificate #
- 16658
- Resolution
- A/A (assistance)
- Acquiring institution
- Banctexas Houston, N.A.
- Insurance fund
- FDIC
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