TellerScore

Bank failure · TX

North Houston Bank (Houston, TX) — failed October 30, 2009

North Houston Bank of Houston, Texas was closed on October 30, 2009 and resolved through a purchase and assumption. U.S. Bank, NA (MN) took over its insured deposits. At failure it held $325.5M in assets and $307.2M in deposits. The FDIC's estimated loss on the failure is $12.0M (3.7% of assets).

Closing date
October 30, 2009
FDIC certificate #
18776
Resolution
Purchase and assumption (failure)
Acquiring institution
U.S. Bank, NA
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2009

What happens when a bank fails