Bank failure · TX
Texas Community Bank, National Association (The Woodlands, TX) — failed December 13, 2013
Texas Community Bank, National Association of The Woodlands, Texas was closed on December 13, 2013 and resolved through a purchase and assumption. Spirit of Texas Bank, SSB (TX) took over its insured deposits. At failure it held $159.3M in assets and $142.6M in deposits. The FDIC's estimated loss on the failure is $14.2M (8.9% of assets).
- Closing date
- December 13, 2013
- FDIC certificate #
- 57431
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Spirit of Texas Bank, SSB
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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