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Bank failure · TX

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

Banctexas Northside Houston, N.A 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 $61.1M in assets and $60.7M in deposits. The FDIC's estimated loss on the failure is $9.0M (14.8% of assets).

Closing date
July 17, 1987
FDIC certificate #
23235
Resolution
A/A (assistance)
Acquiring institution
Banctexas Houston, N.A.
Insurance fund
FDIC

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