Bank failure · TX
Tascosa National Bank of Amarillo (Amarillo, TX) — failed June 13, 1991
Tascosa National Bank of Amarillo of Amarillo, Texas was closed on June 13, 1991 and resolved through a purchase and assumption. Team Bank (TX) took over its insured deposits. At failure it held $73.9M in assets and $75.2M in deposits. The FDIC's estimated loss on the failure is $11.8M (16.0% of assets).
- Closing date
- June 13, 1991
- FDIC certificate #
- 19012
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Team Bank
- Insurance fund
- BIF
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