TARRANT BANK Failed 1993
What happened
TARRANT BANK of FORT WORTH, TX was closed on 1993-08-25. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to FIRST INTERSTATE BK OF T (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3472
- FDIC Certificate
- 18220
- FDIC FIN
- 4595
- Bank name
- TARRANT BANK
- Location
- FORT WORTH, TX
- Failure date
- 1993-08-25
- FDIC resolution date
- 1993-08-25
- 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.)
- $7M
- Deposits at failure
- $60M
- Assets at failure
- $63M
- Acquiring bank
- FIRST INTERSTATE BK OF T (HOUSTON, TX)
Other banks FIRST INTERSTATE BK OF T acquired in FDIC resolutions