Bank failure · TX

Nbc Bank-Boerne, National Assoc (Boerne, TX) — failed June 1, 1990

Nbc Bank-Boerne, National Assoc of Boerne, Texas was closed on June 1, 1990 and resolved through a purchase and assumption. Ncnb Texas National Bank (TX) took over its insured deposits. At failure it held $53.8M in assets and $57.1M in deposits. The FDIC's estimated loss on the failure is $296K (0.5% of assets).