Bank failure · TX
Thousand Oaks National Bank (San Antonio, TX) — failed September 7, 1989
Thousand Oaks National Bank of San Antonio, Texas was closed on September 7, 1989 and resolved through a purchase and assumption. Hibernia National Bank in T (TX) took over its insured deposits. At failure it held $30.2M in assets and $32.5M in deposits. The FDIC's estimated loss on the failure is $3.5M (11.6% of assets).
- Closing date
- September 7, 1989
- FDIC certificate #
- 25906
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Hibernia National Bank in T
- Insurance fund
- BIF
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