Bank failure · TX

Trinity National Bank (San Antonio, TX) — failed September 15, 1988

Trinity National Bank of San Antonio, Texas was closed on September 15, 1988 and resolved through a purchase and assumption. First Nb of Rio Grande C (TX) took over its insured deposits. At failure it held $33.1M in assets and $33.8M in deposits. The FDIC's estimated loss on the failure is $10.7M (32.2% of assets).