# BANCFIRST-AUSTIN, N.A.

> **Failed bank** · AUSTIN, TX · failed 1987-12-10 · National commercial bank (OCC-chartered) · FDIC cost $14M

## What happened

BANCFIRST-AUSTIN, N.A. of AUSTIN, TX was closed by the OCC on **1987-12-10**. The FDIC was named receiver.

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

Deposits were transferred to **TEXAS CAPITAL BANK-FORT** (RICHMOND, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1575
- **FDIC Certificate:** 24703
- **FDIC FIN:** 2763
- **Bank name:** BANCFIRST-AUSTIN, N.A.
- **Location:** AUSTIN, TX
- **Failure date:** 1987-12-10
- **FDIC resolution date:** 1987-12-10
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $14M
- **Deposits at failure:** $28M
- **Assets at failure:** $25M
- **Acquiring bank:** TEXAS CAPITAL BANK-FORT (RICHMOND, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BANCFIRST-AUSTIN%2C%20N.A.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANCFIRST-AUSTIN, N.A. (FDIC ID 1575), failed 1987-12-10. Retrieved via AI Analytics 2026-07-12 from https://api.ai-analytics.org/failed-bank/1575.

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