Bank failure · TX

First National Bank of Irving (Irving, TX) — failed April 24, 1986

First National Bank of Irving of Irving, Texas was closed on April 24, 1986 and resolved through a purchase and assumption. City National Bank of Ir (TX) took over its insured deposits. At failure it held $38.5M in assets and $37.8M in deposits. The FDIC's estimated loss on the failure is $5.2M (13.6% of assets).