National Bancshares Corp Of Texas

Rescues of the last large problem banks in Texas could signal new life for the state's limping economy, financial analysts said Friday after the bailouts of banks based in San Antonio and Ft. Worth. Federal regulators pledged $250 million to National Bancshares Corp. of Texas in San Antonio less than 24 hours after bailing out Texas American Bancshares Inc. in Ft. Worth with $900 million. Equimark Corp.

Rescues of the last large problem banks in Texas could signal new life for the state's limping economy, financial analysts said Friday after the bailouts of banks based in San Antonio and Ft. Worth. Federal regulators pledged $250 million to National Bancshares Corp. of Texas in San Antonio less than 24 hours after bailing out Texas American Bancshares Inc. in Ft. Worth with $900 million. Equimark Corp.

Federal regulators today rescued the last of the big problem banks in the state, pledging $250 million to National Bancshares Corp. of Texas less than 24 hours after bailing out Texas American Bancshares Inc. with $900 million. The Federal Deposit Insurance Corp. said Equimark Corp. of Pittsburgh will take over the San Antonio-based holding company, which owns 12 banks with assets of $2.3 billion and deposits of $2.2 billion. James H. McLaughlin, president of Equibank, which has $3.