TellerScore

Bank failure · TX

Capital Bank (Dallas, TX) — failed May 16, 1991

Capital Bank of Dallas, Texas was closed on May 16, 1991 and resolved through a purchase and assumption. Bank One, Texas, National a (TX) took over its insured deposits. At failure it held $111.6M in assets and $104.8M in deposits. The FDIC's estimated loss on the failure is $25.4M (22.8% of assets).

Closing date
May 16, 1991
FDIC certificate #
19935
Resolution
Purchase and assumption (failure)
Acquiring institution
Bank One, Texas, National a
Insurance fund
BIF

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What happens when a bank fails