Bank failure · TX

First City, Texas - Madisonville (Madisonville, TX) — failed October 30, 1992

First City, Texas - Madisonville of Madisonville, Texas was closed on October 30, 1992 and resolved through a purchase and assumption. Madisonville State Bank (TX) took over its insured deposits. At failure it held $123.4M in assets and $114.7M in deposits.