# FIRST REPUBLICBANK-MINERAL WELLS

> **Failed bank** · MINERAL WELLS, TX · failed 1988-07-29 · National commercial bank (OCC-chartered) · FDIC cost $53M

## What happened

FIRST REPUBLICBANK-MINERAL WELLS of MINERAL WELLS, TX was closed by the OCC on **1988-07-29**. The FDIC was named receiver.

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

Deposits were transferred to **NCNB TEXAS NATIONAL BANK** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1822
- **FDIC Certificate:** 3349
- **FDIC FIN:** 2873
- **Bank name:** FIRST REPUBLICBANK-MINERAL WELLS
- **Location:** MINERAL WELLS, TX
- **Failure date:** 1988-07-29
- **FDIC resolution date:** 1988-10-22
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $53M
- **Deposits at failure:** $168M
- **Assets at failure:** $174M
- **Acquiring bank:** NCNB TEXAS NATIONAL BANK (DALLAS, TX)

## Other banks NCNB TEXAS NATIONAL BANK has acquired in FDIC resolutions

- NBC BANK-KERRVILLE, NATIONAL ASSOC (KERRVILLE, TX) — failed 1990-06-01 — /failed-bank/2795
- NBC BANK-AUSTIN, NATIONAL ASSOC (AUSTIN, TX) — failed 1990-06-01 — /failed-bank/2794
- NBC BANK-HOUSTON, NATIONAL ASSOC (HOUSTON, TX) — failed 1990-06-01 — /failed-bank/2793
- NBC BANK-UVALDE, NATIONAL ASSOC (UVALDE, TX) — failed 1990-06-01 — /failed-bank/2792
- NBC BANK-BOERNE, NATIONAL ASSOC (BOERNE, TX) — failed 1990-06-01 — /failed-bank/2791
- NBC BANK-RIO GRANDE VALLEY, NA (MISSION, TX) — failed 1990-06-01 — /failed-bank/2790
- NBC BANK-SEGUIN, NATIONAL ASSOC (SEGUIN, TX) — failed 1990-06-01 — /failed-bank/2789
- NBC BANK-SAN ANTONIO, NATIONAL ASSOC (SAN ANTONIO, TX) — failed 1990-06-01 — /failed-bank/2788
- NBC BANK- SOUTH TEXAS, NATIONAL (CORPUS CHRISTI, TX) — failed 1990-06-01 — /failed-bank/2787
- THE HUNTSVILLE NATIONAL BANK (HUNTSVILLE, TX) — failed 1990-05-31 — /failed-bank/2783

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20REPUBLICBANK-MINERAL%20WELLS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST REPUBLICBANK-MINERAL WELLS (FDIC ID 1822), failed 1988-07-29. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/failed-bank/1822.

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