Bank failure · TX

Bankcentral Amarillo (Amarillo, TX) — failed June 10, 1993

Bankcentral Amarillo of Amarillo, Texas was closed on June 10, 1993 and resolved through a purchase and assumption. Amarillo National Bank (TX) took over its insured deposits. At failure it held $34.7M in assets and $34.1M in deposits. The FDIC's estimated loss on the failure is $2.5M (7.2% of assets).