Bank failure · TX

The Bank of Kerrville (Kerrville, TX) — failed November 17, 1988

The Bank of Kerrville of Kerrville, Texas was closed on November 17, 1988 and resolved through a purchase and assumption. Bank of Kerrville (TX) took over its insured deposits. At failure it held $39.8M in assets and $34.8M in deposits. The FDIC's estimated loss on the failure is $11.2M (28.2% of assets).