Data / Bank failures / 1987 / Banctexas Quorum, N.A.
Banctexas Quorum, N.A., Addison, TX: received FDIC assistance July 17, 1987
Banctexas Quorum, N.A. in Addison, Texas, received open bank assistance from the FDIC on July 17, 1987. It held $21.2 million in assets and $22.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $3.7 million (17.7% of its assets). By assets it was the 141st largest of 262 banks closed or assisted in 1987.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- July 17, 1987
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Banctexas Dallas, N.A., Dallas, TX
- Total assets
- $21,192,000
- Total deposits
- $22,792,000
- Estimated cost to the FDIC
- $3,748,113 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
- FDIC certificate
- 23355
Other bank failures in Texas, 1985 to 1989
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Columbia Fsa | Nassau Bay | December 21, 1989 | $77.1 million | $71.1 million | $36 million | |
| Canyon Lake Bank | Canyon Lake | December 14, 1989 | $31 million | $32.1 million | $9.2 million | Victoria Bank & Trust Compa |
| Midlothian National Bank | Midlothian | December 13, 1989 | $10 million | $11.5 million | $4.1 million | The First National Bank in |
| Westheimer Memorial Bank, NA | Houston | December 7, 1989 | $38.9 million | $47.7 million | $20.1 million | Hibernia National Bank in T |
| First National Bank of Frisco | Frisco | December 7, 1989 | $9 million | $9.4 million | $976,425 | Hibernia National Bank in T |
| Aledo State Bank | Aledo | December 7, 1989 | $9.9 million | $9.7 million | $406,520 | Citizens National Bank of W |
| Austin FS & La | Austin | November 30, 1989 | $113.4 million | $85 million | $21.6 million | |
| Fortune Financial Fed. S & L Assoc | Copperas Cove | November 30, 1989 | $84.2 million | $74.5 million | $35.3 million |
Other failed banks Banctexas Dallas, N.A. took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Banctexas Carrollton, N.A. (assistance) | Carrollton | TX | July 17, 1987 | $51.1 million | $52.2 million | $7.9 million | Banctexas Dallas, N.A. |
| Banctexas White Rock, N.A. (assistance) | Dallas | TX | July 17, 1987 | $80.9 million | $81 million | $12.7 million | Banctexas Dallas, N.A. |
| Banctexas Richardson, N.A. (assistance) | Richardson | TX | July 17, 1987 | $81 million | $75.6 million | $13.1 million | Banctexas Dallas, N.A. |
All bank failures in 1987 · All bank failures in Texas · Every failed bank Banctexas Dallas, N.A. took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.