Bank failure · TX

National Bank of Texas (Austin, TX) — failed July 2, 1986

National Bank of Texas of Austin, Texas was closed on July 2, 1986 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $33.4M in assets and $31.7M in deposits. The FDIC's estimated loss on the failure is $14.5M (43.5% of assets).