TellerScore

Bank failure · TX

Plaza National Bank (Del Rio, TX) — failed March 12, 1987

Plaza National Bank of Del Rio, Texas was closed on March 12, 1987 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $34.3M in assets and $33.1M in deposits. The FDIC's estimated loss on the failure is $18.0M (52.5% of assets).

Closing date
March 12, 1987
FDIC certificate #
23445
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

Other failures in 1987

What happens when a bank fails