Bank failure · TX

National Bank of Ft. Sam Houston (Ft. Sam Houston, TX) — failed July 29, 1988

National Bank of Ft. Sam Houston of Ft. Sam Houston, 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 $634.8M in assets and $501.9M in deposits. The FDIC's estimated loss on the failure is $96.9M (15.3% of assets).