TEXAS COMMUNITY BANK, NATIONAL ASSOCIATION Failed 2013
What happened
TEXAS COMMUNITY BANK, NATIONAL ASSOCIATION of THE WOODLANDS, TX was closed on 2013-12-13. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to SPIRIT OF TEXAS BANK, SSB (COLLEGE STATION, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 4057
- FDIC Certificate
- 57431
- FDIC FIN
- 10491
- Bank name
- TEXAS COMMUNITY BANK, NATIONAL ASSOCIATION
- Location
- THE WOODLANDS, TX
- Failure date
- 2013-12-13
- FDIC resolution date
- 2013-12-13
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $14M
- Deposits at failure
- $143M
- Assets at failure
- $159M
- Acquiring bank
- SPIRIT OF TEXAS BANK, SSB (COLLEGE STATION, TX)
- FDIC comments
- RB20140513 - resdate = faildate