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Bank failure · TX

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

Nbc Bank-Kerrville, National Assoc of Kerrville, 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 $26.0M in assets and $30.8M in deposits. The FDIC's estimated loss on the failure is $4.2M (16.3% of assets).

Closing date
June 1, 1990
FDIC certificate #
22685
Resolution
Purchase and assumption (failure)
Acquiring institution
Ncnb Texas National Bank
Insurance fund
BIF

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