FIRST CAPITAL SAVINGS ASSOC./TEXAS Failed 1989

What happened

FIRST CAPITAL SAVINGS ASSOC./TEXAS of HOUSTON, TX was closed on 1989-03-09. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

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

Key facts

FDIC ID

2202

FDIC Certificate

31571

FDIC FIN

6923

Bank name

FIRST CAPITAL SAVINGS ASSOC./TEXAS

Location

HOUSTON, TX

Failure date

1989-03-09

FDIC resolution date

1989-09-22

Charter type

SL

Resolution type

Insured Deposit Transfer — insured deposits transferred to another bank

FDIC DIF cost (est.)

$75M

Deposits at failure

$109M

Assets at failure

$71M

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