Bank failure · TX
Community Bank, National Association (Decker Prairie, TX) — failed January 26, 1989
Community Bank, National Association of Decker Prairie, Texas was closed on January 26, 1989 and resolved through a insured deposit transfer. Tomball National Bank (TX) took over its insured deposits. At failure it held $8.6M in assets and $9.4M in deposits. The FDIC's estimated loss on the failure is $5.1M (59.9% of assets).
- Closing date
- January 26, 1989
- FDIC certificate #
- 24705
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Tomball National Bank
- Insurance fund
- FDIC
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