Bank failure · TX
The Huntsville National Bank (Huntsville, TX) — failed May 31, 1990
The Huntsville National Bank of Huntsville, Texas was closed on May 31, 1990 and resolved through a purchase and assumption. Ncnb Texas National Bank (TX) took over its insured deposits. At failure it held $107.2M in assets and $108.0M in deposits. The FDIC's estimated loss on the failure is $11.2M (10.4% of assets).
- Closing date
- May 31, 1990
- FDIC certificate #
- 1193
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Ncnb Texas National Bank
- Insurance fund
- BIF
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