Bank Failure
Trinity National Bank of Dallas
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Closed April 26, 1990 · Dallas, TX · FDIC Cert #18721.
- Closing date
- April 26, 1990
- Headquarters
- Dallas, TX
- FDIC Certificate
- 18721
- Total assets at closing
- $37.1M
- Total deposits at closing
- $37.5M
- Estimated loss to the insurance fund
- $1.2M
- Insurance fund
- Bank Insurance Fund (BIF)
- Resolution
- Failure (closed by regulators)
- Acquirer
- Bank One, Texas, National a
Context
On April 26, 1990, regulators closed Trinity National Bank of Dallas, headquartered in Dallas, TX. At closing, the institution held approximately $37.1M in assets and $37.5M in deposits. The FDIC record names Bank One, Texas, National a as the acquiring institution in the resolution. The estimated cost to the Bank Insurance Fund (BIF) was approximately $1.2M.
By assets at closing this is the 1868th largest of the 3,526 bank failures in the FDIC record, and the 251st of 381 in 1990. It falls in the period the record labels S&L / Banking Crisis (1980-1995), a period with 2,367 failures peaking at 530 in 1989.
Deregulation, interest-rate shocks, and commercial real estate blowups produced the worst US banking failure wave since the Depression. Resulted in FIRREA (1989) and the RTC.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Trinity National Bank of Dallas fail?
Trinity National Bank of Dallas was closed by regulators on April 26, 1990.
Who acquired Trinity National Bank of Dallas?
The FDIC record names Bank One, Texas, National a as the acquiring institution in the resolution of Trinity National Bank of Dallas.
How big was Trinity National Bank of Dallas when it failed?
Trinity National Bank of Dallas had approximately $37.1M in total assets and $37.5M in deposits at the time of failure.
Other failures in 1990
| Date | Bank | Assets |
|---|---|---|
| Dec 28, 1990 | Capitol Bank and Trust Company | $485.6M |
| Dec 28, 1990 | Southern FS | $230.8M |
| Dec 28, 1990 | First FS & La of Andalusia | $38.7M |
| Dec 27, 1990 | Enterprise Savings Bank, F.A. | $432.6M |
| Dec 21, 1990 | Arkansas FSB | $71.7M |
| Dec 15, 1990 | Mid-America FS & La | $1.21B |
| Dec 14, 1990 | Community FS & La | $1.98B |
| Dec 14, 1990 | Comfed Savings Bank | $1.40B |
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