FDIC SAYS BANKS IN TEXAS, OKLAHOMA CLOSED
The Federal Deposit Insurance Corp
said a bank in Texas and one in Oklahoma were closed and their
deposits transferred to other banks for the 54th and 55th bank
failures in the nation this year.
    The Southwestern Bank of Houston was closed and its
deposits transferred to OMNIBANC, North Belt, also of Houston.
    The failed bank's main office will reopen as a branch of
OMNIBANC. Southwestern had total assets of 14.8 mln dlrs.
    First National Bank of Braman, Okla., was closed and its
desposits assumed by Community Bank of Shidler, Okla.
    First National had total assets of 12.3 mln dlrs.
 Reuter
