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Bank failure · TX

Texana National Bank of College (College Station, TX) — failed November 20, 1986

Texana National Bank of College of College Station, Texas was closed on November 20, 1986 and resolved through a purchase and assumption. First State Bank in Cald (TX) took over its insured deposits. At failure it held $12.1M in assets and $11.9M in deposits. The FDIC's estimated loss on the failure is $3.0M (24.6% of assets).

Closing date
November 20, 1986
FDIC certificate #
24855
Resolution
Purchase and assumption (failure)
Acquiring institution
First State Bank in Cald
Insurance fund
FDIC

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