Bank failure · TX
The First National Bank of Darouzzet (Darrouzett, TX) — failed July 18, 1985
The First National Bank of Darouzzet of Darrouzett, Texas was closed on July 18, 1985 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $18.2M in assets and $11.4M in deposits. The FDIC's estimated loss on the failure is $4.1M (22.7% of assets).
- Closing date
- July 18, 1985
- FDIC certificate #
- 3166
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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