Bank failure · TX

Castle Hills National Bank (San Antonio, TX) — failed June 25, 1992

Castle Hills National Bank of San Antonio, Texas was closed on June 25, 1992 and resolved through a purchase and assumption (insured deposits). International Bk of Com (TX) took over its insured deposits. At failure it held $13.8M in assets and $13.7M in deposits. The FDIC's estimated loss on the failure is $429K (3.1% of assets).