Bank failure · TX

Texas Bank North, NA (San Antonio, TX) — failed July 14, 1988

Texas Bank North, NA of San Antonio, Texas was closed on July 14, 1988 and resolved through a a/a. Texas Bank, NA (TX) took over its insured deposits. At failure it held $5.8M in assets and $8.1M in deposits. The FDIC's estimated loss on the failure is $1.6M (27.1% of assets).