Bank failure · TX

Texas Bank and Trust of Temple (Temple, TX) — failed May 9, 1991

Texas Bank and Trust of Temple of Temple, Texas was closed on May 9, 1991 and resolved through a purchase and assumption. The Peoples National Bank O (TX) took over its insured deposits. At failure it held $45.2M in assets and $45.0M in deposits. The FDIC's estimated loss on the failure is $10.7M (23.7% of assets).