Bank failure · TX
The Home State Bank (Rochester, TX) — failed June 27, 1986
The Home State Bank of Rochester, Texas was closed on June 27, 1986 and resolved through a purchase and assumption. Home State Bank (TX) took over its insured deposits. At failure it held $9.2M in assets and $9.0M in deposits. The FDIC's estimated loss on the failure is $3.1M (34.2% of assets).
- Closing date
- June 27, 1986
- FDIC certificate #
- 15896
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Home State Bank
- Insurance fund
- FDIC
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