Bank failure · TX

The Early Bank (Early, TX) — failed October 18, 1985

The Early Bank of Early, Texas was closed on October 18, 1985 and resolved through a purchase and assumption. Texas Bank (TX) took over its insured deposits. At failure it held $15.8M in assets and $15.1M in deposits. The FDIC's estimated loss on the failure is $3.1M (19.6% of assets).