Bank failure · TX
Peoples State Bank (Dallas, TX) — failed December 14, 1990
Peoples State Bank of Dallas, Texas was closed on December 14, 1990 and resolved through a purchase and assumption. Comerica Bank - Texas (TX) took over its insured deposits. At failure it held $30.3M in assets and $30.6M in deposits. The FDIC's estimated loss on the failure is $6.3M (20.8% of assets).
- Closing date
- December 14, 1990
- FDIC certificate #
- 23104
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Comerica Bank - Texas
- Insurance fund
- BIF
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