Bank Failure
BANCTEXAS NORTHSIDE HOUSTON, N.A
Closed July 17, 1987 · HOUSTON, TX · FDIC Cert #23235.
- Closing date
- July 17, 1987
- Headquarters
- HOUSTON, TX
- FDIC Certificate
- 23235
- Total assets at closing
- $61,053,000
- Total deposits at closing
- $60,678,000
- Estimated loss to DIF
- $9,018,000
- Resolution type
- other
- Acquirer
- BANCTEXAS HOUSTON, N.A. (FDIC Cert #1933)
Context
On July 17, 1987, regulators closed BANCTEXAS NORTHSIDE HOUSTON, N.A, headquartered in HOUSTON, TX. At closing, the institution held approximately $61,053,000 in assets and $60,678,000 in deposits. The FDIC arranged a resolution under which BANCTEXAS HOUSTON, N.A. acquired the failed bank's operations. The estimated cost to the FDIC Deposit Insurance Fund was approximately $9,018,000.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Other failures in 1987
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 1987-12-31 | FIRST FINANCIAL BANK, FSB | NEW ORLEANS, LA | $744,874,000 |
| 1987-12-31 | AMERICAN FS&LA | LYNCHBURG, VA | $166,519,000 |
| 1987-12-31 | GIBSON FEDERAL S&LA | GIBSON CITY, IL | $131,522,000 |
| 1987-12-31 | FIRST FS&LA OF SLIDELL | SLIDELL, LA | $46,197,000 |
| 1987-12-30 | FIRST FINANCIAL OF LA | LUTCHER, LA | $159,541,000 |
| 1987-12-30 | FIRST FS&LA OF ALEXANDRIA | ALEXANDRIA, LA | $148,689,000 |
| 1987-12-30 | FIRSTBANC FSB | GONZALES, LA | $46,262,000 |
| 1987-12-29 | COMMUNITY FS&LA | HAMILTON, OH | $405,642,000 |
Explore: all failures · TX bank events · 1987 events · events hub