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Bank failure · TX

Texas National Bank-Westheimer (Houston, TX) — failed May 28, 1987

Texas National Bank-Westheimer of Houston, Texas was closed on May 28, 1987 and resolved through a insured deposit transfer. Texas Capital Bank-Westw (TX) took over its insured deposits. At failure it held $26.3M in assets and $26.4M in deposits. The FDIC's estimated loss on the failure is $18.1M (68.9% of assets).

Closing date
May 28, 1987
FDIC certificate #
26199
Resolution
Insured deposit transfer (failure)
Acquiring institution
Texas Capital Bank-Westw
Insurance fund
FDIC

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