Bank failure · TX
The Wimberley Bank (Wimberley, TX) — failed June 14, 1990
The Wimberley Bank of Wimberley, Texas was closed on June 14, 1990 and resolved through a purchase and assumption. Ozona National Bank (TX) took over its insured deposits. At failure it held $23.3M in assets and $24.3M in deposits. The FDIC's estimated loss on the failure is $3.8M (16.5% of assets).
- Closing date
- June 14, 1990
- FDIC certificate #
- 21476
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Ozona National Bank
- Insurance fund
- BIF
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