Bank failure · TX

First National Bank (Edinburg, TX) — failed September 13, 2013

First National Bank of Edinburg, Texas was closed on September 13, 2013 and resolved through a purchase and assumption. Plainscapital Bank (TX) took over its insured deposits. At failure it held $3.1B in assets and $2.3B in deposits. The FDIC's estimated loss on the failure is $616.2M (20.0% of assets).