Bank failure · TX

Eden State Bank (Eden, TX) — failed July 31, 1986

Eden State Bank of Eden, Texas was closed on July 31, 1986 and resolved through a purchase and assumption. Eden State Bank (TX) took over its insured deposits. At failure it held $13.3M in assets and $13.2M in deposits. The FDIC's estimated loss on the failure is $2.5M (18.8% of assets).