NATIONAL BANK OF FT. SAM HOUSTON Failed 1988
What happened
NATIONAL BANK OF FT. SAM HOUSTON of FT. SAM HOUSTON, TX was closed 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
- 1827
- FDIC Certificate
- 5513
- FDIC FIN
- 2862
- Bank name
- NATIONAL BANK OF FT. SAM HOUSTON
- Location
- FT. SAM HOUSTON, 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
- FDIC DIF cost (est.)
- $97M
- Deposits at failure
- $502M
- Assets at failure
- $635M
- Acquiring bank
- NCNB TEXAS NATIONAL BANK (DALLAS, TX)
Other banks NCNB TEXAS NATIONAL BANK acquired in FDIC resolutions
- NBC BANK-KERRVILLE, NATIONAL ASSOC (KERRVILLE, TX) — failed 1990-06-01
- NBC BANK-AUSTIN, NATIONAL ASSOC (AUSTIN, TX) — failed 1990-06-01
- NBC BANK-HOUSTON, NATIONAL ASSOC (HOUSTON, TX) — failed 1990-06-01
- NBC BANK-UVALDE, NATIONAL ASSOC (UVALDE, TX) — failed 1990-06-01
- NBC BANK-BOERNE, NATIONAL ASSOC (BOERNE, TX) — failed 1990-06-01
- NBC BANK-RIO GRANDE VALLEY, NA (MISSION, TX) — failed 1990-06-01
- NBC BANK-SEGUIN, NATIONAL ASSOC (SEGUIN, TX) — failed 1990-06-01
- NBC BANK-SAN ANTONIO, NATIONAL ASSOC (SAN ANTONIO, TX) — failed 1990-06-01
- NBC BANK- SOUTH TEXAS, NATIONAL (CORPUS CHRISTI, TX) — failed 1990-06-01
- THE HUNTSVILLE NATIONAL BANK (HUNTSVILLE, TX) — failed 1990-05-31