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Bank failure · TX

Tyler National Bank (Tyler, TX) — failed February 1, 1990

Tyler National Bank of Tyler, Texas was closed on February 1, 1990 and resolved through a purchase and assumption. Ncnb Texas National Bank (TX) took over its insured deposits. At failure it held $24.7M in assets and $26.1M in deposits. The FDIC's estimated loss on the failure is $6.9M (27.9% of assets).

Closing date
February 1, 1990
FDIC certificate #
24393
Resolution
Purchase and assumption (failure)
Acquiring institution
Ncnb Texas National Bank
Insurance fund
BIF

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