# FIRST COMMERCIAL BANK OF TEXAS,

> **Failed bank** · HOUSTON, TX · failed 1987-04-16 · National commercial bank (OCC-chartered) · FDIC cost $2M

## What happened

FIRST COMMERCIAL BANK OF TEXAS, of HOUSTON, TX was closed by the OCC on **1987-04-16**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **OMNIBANC NORTH BELT NA** (HARRIS COUNTY, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1417
- **FDIC Certificate:** 24467
- **FDIC FIN:** 2678
- **Bank name:** FIRST COMMERCIAL BANK OF TEXAS,
- **Location:** HOUSTON, TX
- **Failure date:** 1987-04-16
- **FDIC resolution date:** 1987-04-16
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $5M
- **Assets at failure:** $4M
- **Acquiring bank:** OMNIBANC NORTH BELT NA (HARRIS COUNTY, TX)

## Other banks OMNIBANC NORTH BELT NA has acquired in FDIC resolutions

- THE SOUTHWESTERN BANK, N.A. (HOUSTON, TX) — failed 1987-04-09 — /failed-bank/1411

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20COMMERCIAL%20BANK%20OF%20TEXAS%2C

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST COMMERCIAL BANK OF TEXAS, (FDIC ID 1417), failed 1987-04-16. Retrieved via AI Analytics 2026-07-04 from https://api.ai-analytics.org/failed-bank/1417.

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