Bank failure · TX

Landmark Bank of Forth Worth (Fort Worth, TX) — failed February 6, 1992

Landmark Bank of Forth Worth of Fort Worth, Texas was closed on February 6, 1992 and resolved through a purchase and assumption (insured deposits). Central Bank&trust (TX) took over its insured deposits. At failure it held $80.5M in assets and $80.5M in deposits. The FDIC's estimated loss on the failure is $17.5M (21.7% of assets).