Bank failure · TX

First Republicbank-Williamson Cn (Austin, TX) — failed July 29, 1988

First Republicbank-Williamson Cn of Austin, Texas was closed on July 29, 1988 and resolved through a purchase and assumption. Ncnb Texas National Bank (TX) took over its insured deposits. At failure it held $44.0M in assets and $42.0M in deposits. The FDIC's estimated loss on the failure is $14.5M (33.1% of assets).