Bank failure · TX

Highland Park National Bank (Dallas, TX) — failed August 25, 1988

Highland Park National Bank of Dallas, Texas was closed on August 25, 1988 and resolved through a purchase and assumption. Deposit Guaranty Bank (TX) took over its insured deposits. At failure it held $26.3M in assets and $31.2M in deposits. The FDIC's estimated loss on the failure is $17.8M (67.6% of assets).