As of September 30, 2013, Texas Community Bank, National Association had approximately $160.1 million in total assets and $142.6 million in total deposits.This might be the last failure this year, and that would make the number of failures this year the least since 2007 when only 3 banks failed (25 banks failed in 2008 - so this year will be close to 2008, and 51 banks failed last year).
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The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $10.8 million. ... Texas Community Bank, National Association is the 24th FDIC-insured institution to fail in the nation this year, and the second in Texas.
Friday, December 13, 2013
Bank Failure #24 in 2013: Texas Community Bank, National Association, The Woodlands, Texas
From the FDIC: Spirit of Texas Bank, SSB, College Station, Texas, Assumes All of the Deposits of Texas Community Bank, National Association, The Woodlands, Texas
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