AMERICAN BANK OF HALTOM CITY Failed 1993
What happened
AMERICAN BANK OF HALTOM CITY of HALTOM CITY, TX was closed on 1993-02-05. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to CENTRAL BANK&TRUST (FORT WORTH, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3438
- FDIC Certificate
- 17118
- FDIC FIN
- 4563
- Bank name
- AMERICAN BANK OF HALTOM CITY
- Location
- HALTOM CITY, TX
- Failure date
- 1993-02-05
- FDIC resolution date
- 1993-02-05
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $14M
- Deposits at failure
- $100M
- Assets at failure
- $100M
- Acquiring bank
- CENTRAL BANK&TRUST (FORT WORTH, TX)
Other banks CENTRAL BANK&TRUST acquired in FDIC resolutions