Bank failure · TX

Security National Bk of Lubbock (Lubbock, TX) — failed April 13, 1984

Security National Bk of Lubbock of Lubbock, Texas was closed on April 13, 1984 and resolved through a insured deposit transfer. City Bank National Assn (TX) took over its insured deposits. At failure it held $51.4M in assets and $49.9M in deposits. The FDIC's estimated loss on the failure is $3.7M (7.2% of assets).