Bank failure · TX

Park West Bank, N.A. (Farmers Branch, TX) — failed August 15, 1985

Park West Bank, N.A. of Farmers Branch, Texas was closed on August 15, 1985 and resolved through a insured deposit transfer. Park West State Bank (TX) took over its insured deposits. At failure it held $20.5M in assets and $18.2M in deposits. The FDIC's estimated loss on the failure is $5.3M (25.9% of assets).