Bank failure · TX
The LA Pryor State Bank (LA Pryor, TX) — failed January 29, 1987
The LA Pryor State Bank of LA Pryor, Texas was closed on January 29, 1987 and resolved through a purchase and assumption. Zavala County Bank (TX) took over its insured deposits. At failure it held $5.7M in assets and $5.4M in deposits. The FDIC's estimated loss on the failure is $1.6M (28.4% of assets).
- Closing date
- January 29, 1987
- FDIC certificate #
- 8444
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Zavala County Bank
- Insurance fund
- FDIC
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