Bank failure · TX

The Bank of Woodson (Woodson, TX) — failed March 1, 1982

The Bank of Woodson of Woodson, Texas was closed on March 1, 1982 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $3.9M in assets and $3.5M in deposits. The FDIC's estimated loss on the failure is $271K (6.9% of assets).