Would you be irked by your father in law if he did this?

I’m conflicted here.

Father in Law texts my wife a few weeks ago, it’s a picture of a 1099 for interest from the bank. The 1099 is to my wife and resulted from a savings account my father in law set up for my wife while she was in college. It was under her name and he would periodically put money into it to cover some of her college expenses. It’s been sitting there and he forgot about it until he gets the 1099. Apparently this bank just recently changed their reporting requirements, which is why he or my wife didn’t receive a 1099 in prior years.

So he texts it to my wife so we can report it and avoid an IRS letter. No big deal, it’s like $30 of interest so we will pay $6 of taxes - don’t really care. But he told me wife he was going to close out the account and send her a check for what was in it. He tells her “there isn’t much in there” and sends her a check for $200.

Now, I know there’s more than $200 in there if it generates $30 of interest in 2018. I look up the bank and the interest rate for their savings account, and calculate that the account had to have around a $2,000 balance.

Now at the end of the day it’s his money, so I don’t care about that. I just think it’s shitty for him to lie to his daughter like this. If he would’ve said “I had some money in there, I’m taking it out and I’ll send you a small check to cover taxes and then some” - no issue. But he’s acting like he’s doing her this really nice favor by sending her all the money from the account he’s closing, when he’s keeping most of it.

TLDR - FIL closes out a savings account he had set up in my wife’s name when she was in college. The account had $2k in it and FIL said he was going to give her the entire balance after closing it out, but only gave her $200.