Bank failure · TX
The First National Bank of Bandera (Bandera, TX) — failed April 24, 1986
The First National Bank of Bandera of Bandera, Texas was closed on April 24, 1986 and resolved through a purchase and assumption. Bandera Bank (TX) took over its insured deposits. At failure it held $15.5M in assets and $15.1M in deposits. The FDIC's estimated loss on the failure is $2.5M (15.8% of assets).
- Closing date
- April 24, 1986
- FDIC certificate #
- 3088
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bandera Bank
- Insurance fund
- FDIC
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