Bank failure · TX
The Waller Bank, National Association (Waller, TX) — failed March 22, 1990
The Waller Bank, National Association of Waller, Texas was closed on March 22, 1990 and resolved through a purchase and assumption. First Bank Navasota (TX) took over its insured deposits. At failure it held $13.4M in assets and $13.7M in deposits. The FDIC's estimated loss on the failure is $3.5M (25.9% of assets).
- Closing date
- March 22, 1990
- FDIC certificate #
- 26353
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First Bank Navasota
- Insurance fund
- BIF
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