# TEXAS AMERICAN BANK/PRESTONWOOD,

> **Failed bank** · DALLAS, TX · failed 1989-07-20 · National commercial bank (OCC-chartered) · FDIC cost $11M

## What happened

TEXAS AMERICAN BANK/PRESTONWOOD, of DALLAS, TX was closed by the OCC on **1989-07-20**. The FDIC was named receiver.

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

Deposits were transferred to **TEXAS AMERICAN BRIDGE BANK,** (FT. WORTH, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2435
- **FDIC Certificate:** 22234
- **FDIC FIN:** 4035
- **Bank name:** TEXAS AMERICAN BANK/PRESTONWOOD,
- **Location:** DALLAS, TX
- **Failure date:** 1989-07-20
- **FDIC resolution date:** 1990-02-01
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $50M
- **Assets at failure:** $50M
- **Acquiring bank:** TEXAS AMERICAN BRIDGE BANK, (FT. WORTH, TX)

## Other banks TEXAS AMERICAN BRIDGE BANK, has acquired in FDIC resolutions

- TEXAS AMERICAN BANK/PLANO, NA (PLANO, TX) — failed 1989-07-20 — /failed-bank/2441
- TEXAS AMERICAN BANK/GREATER SOUTH (GRAND PRAIRIE, TX) — failed 1989-07-20 — /failed-bank/2440
- TEXAS AMERICAN BANK/LONGVIEW, NA (LONGVIEW, TX) — failed 1989-07-20 — /failed-bank/2439
- TEXAS AMERICAN BANK/RICHARDSON (RICHARDSON, TX) — failed 1989-07-20 — /failed-bank/2438
- TEXAS AMERICAN BANK/FARMERS BRANCH (FARMERS BRANCH, TX) — failed 1989-07-20 — /failed-bank/2437
- TEXAS AMERICAN BANK/LBJ, NA (DALLAS, TX) — failed 1989-07-20 — /failed-bank/2436
- TEXAS AMERICAN BANK/TEMPLE, NA (TEMPLE, TX) — failed 1989-07-20 — /failed-bank/2434
- TEXAS AMERICAN BANK/FORUM, NA (ARLINGTON, TX) — failed 1989-07-20 — /failed-bank/2433
- TEXAS AMERICAN BANK/TYLER, NA (TYLER, TX) — failed 1989-07-20 — /failed-bank/2432
- TEXAS AMERICAN BANK/SOUTHWEST, NA (STAFFORD, TX) — failed 1989-07-20 — /failed-bank/2431

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, TEXAS AMERICAN BANK/PRESTONWOOD, (FDIC ID 2435), failed 1989-07-20. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/2435.

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