Bank failure · TX
The City National Bank of Plainview (Plainview, TX) — failed March 6, 1986
The City National Bank of Plainview of Plainview, Texas was closed on March 6, 1986 and resolved through a purchase and assumption. First Nb of Plainview (TX) took over its insured deposits. At failure it held $48.4M in assets and $49.6M in deposits. The FDIC's estimated loss on the failure is $1.6M (3.4% of assets).
- Closing date
- March 6, 1986
- FDIC certificate #
- 13920
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Nb of Plainview
- Insurance fund
- FDIC
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