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Bank failure · TX

Western National Bank (Bryan, TX) — failed October 22, 1987

Western National Bank of Bryan, Texas was closed on October 22, 1987 and resolved through a insured deposit transfer. First State Bank in Cald (TX) took over its insured deposits. At failure it held $22.7M in assets and $23.8M in deposits. The FDIC's estimated loss on the failure is $8.9M (39.3% of assets).

Closing date
October 22, 1987
FDIC certificate #
24196
Resolution
Insured deposit transfer (failure)
Acquiring institution
First State Bank in Cald
Insurance fund
FDIC

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