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Failures by State

Bank Failures in Texas

738 FDIC-insured banks headquartered in Texas have failed since 1935, the most of any state. The most recent was Santa Anna National Bank on June 27, 2025. The worst year was 1989, with 223 failures. Failed banks held $166.92B in assets at closing.

738
Failures
1935 to 2025
$166.92B
Failed assets
At closing
$50.43B
Estimated DIF loss
FDIC estimate
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All Texas events
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Largest bank failures in Texas

Date Bank City Assets Acquirer or resolution
Jul 29, 1988 First Republicbank-Dallas, N.A. Dallas $17.09B NCNB Texas National Bank
Aug 21, 2009 Guaranty Bank Austin $13.46B Compass Bank
Mar 28, 1989 Mbank Dallas, N.A. Dallas $6.56B Bank One, Texas, N.A.
Apr 26, 1991 Sunbelt Savings Irving $6.04B Bank of America
May 18, 1990 Southwest Savings Association Dallas $5.33B Branch sale
Nov 7, 2008 Franklin Bank, SSB Houston $5.09B Prosperity Bank
Feb 14, 1989 University Federal Savings Houston $4.48B NCNB Texas National Bank
Feb 10, 1989 Bright Banc Dallas $4.39B Banc One FSB
Mar 28, 1989 Mbank Houston, National Assoc Houston $3.31B Bank One, Texas, N.A.
Sep 13, 2013 First National Bank Edinburg $3.09B PlainsCapital Bank

Texas bank failures by year

Year Failures Failed assets
2025 1 $76.9M
2019 1 $36.7M
2013 2 $3.25B
2011 1 $239.9M
2010 1 $53.9M
2009 5 $14.28B
2008 2 $5.13B
2002 1 $10.8M
1999 1 $121.6M
1996 2 $90.9M
1993 10 $447.5M
1992 29 $8.45B
1991 41 $9.67B
1990 140 $17.87B
1989 223 $57.03B
1988 120 $38.13B
1987 54 $5.01B
1986 28 $4.03B
1985 13 $534.8M
1984 7 $617.8M
1983 3 $1.54B
1982 6 $58.4M
1979 1 $10.7M
1976 4 $57.1M
1975 2 $26.2M
1973 1 $16.2M
1971 1 $78.9M
1969 5 $24.0M
1968 1 $6.2M
1967 1 $762K
1966 2 $4.6M
1965 3 $1.7M
1964 2 $5.0M
1961 1 $1.9M
1959 1 $1.3M
1958 1 $618K
1957 1 $1.3M
1956 1 $5.2M
1955 1 $721K
1948 1 $694K
1940 1 $169K
1939 4 $664K
1938 1 $63K
1937 6 $2.3M
1936 3 $768K
1935 2 $120K

Every bank failure in Texas

Date Bank City Assets Acquirer or resolution
May 26, 1988 The First State Bank Rockwall $39.9M Community Bank
May 26, 1988 First National Bank of Kingswood Kingswood $16.1M Interstate Bank North
May 26, 1988 Lone Star Bank Harris County (Bayto $13.0M Citizens B&T Co Baytown
May 19, 1988 National Bank of Texas Houston $19.4M Old Braeswood National B
May 13, 1988 Westside National Bank Houston $32.2M Compass Bank Houston N.A.
May 12, 1988 The First State Bank Childress $14.9M Citizens STB of Dalhart
May 5, 1988 Union Bank & Trust of Dallas Dallas $36.7M Cornerstone Bank N.A.
May 5, 1988 Lincoln National Bank Arlington $13.0M Tarrant Bank
Apr 21, 1988 Texas National Bank Austin $18.5M —
Apr 19, 1988 MC Allen State Bank McAllen $580.0M First City NB of Houston
Apr 14, 1988 CY-Fair Bank, N.A. Harris County $13.9M Charter NB Willowbrook
Apr 7, 1988 Central National Bank Dallas $15.9M Deposit Guaranty Bank
Apr 7, 1988 Home State Bank Trent $5.4M Farmers&merchants NB Mer
Mar 31, 1988 First Bank & Trust Tomball $68.7M Hamilton National Bank
Mar 10, 1988 First American Bank & Trust of Baytown Baytown $38.2M Citizens B&T Co Baytown
Mar 10, 1988 First American Bank & Trust of Manvel Manvel $12.3M First National Bank of a
Mar 10, 1988 First American Bank & TR of Friendswood Friendswood $6.4M —
Mar 3, 1988 Flower Mound Bank Flower Mound $17.4M Security Bank
Feb 25, 1988 Harris County Bank Houston, N.A. Houston $80.7M Omnibanc South National
Feb 25, 1988 American National Bank Stafford $31.3M Park NB of Houston
Feb 25, 1988 Collin County State Bank Melissa $12.5M Willow Bend National Ban
Feb 11, 1988 First Houston Bank, N.A. Houston $33.2M Texas Commerce Bank N.A.
Feb 5, 1988 Bank of Dallas Dallas $207.8M Deposit Guaranty Bank
Jan 28, 1988 Port City Bank Houston $60.7M Channelview Bank
Jan 28, 1988 Houston Commerce Bank Houston $41.0M —
Jan 21, 1988 Northwest Bank Dallas $58.4M American Bank of Haltom
Jan 21, 1988 Sam Houston Nat'L Bank of Walker Huntsville $37.6M Huntsville National Bank
Jan 15, 1988 First Savings of East Texas San Augustine $61.7M —
Jan 14, 1988 The Moran National Bank Moran $17.2M Peoples State Bank
Jan 7, 1988 Commerce Bank of Plano Plano $35.3M Quinlan State Bank
Dec 17, 1987 Usbank Denton $86.0M United National Bank
Dec 17, 1987 Bank of Mabank Mabank $43.8M First State Bank
Dec 10, 1987 Heritage National Bank Austin $53.2M Community National Bank
Dec 10, 1987 Bancfirst-Austin, N.A. Austin $25.3M Texas Capital Bank-Fort
Dec 10, 1987 The First National Bank in Rhome Rhome $9.2M Continental State Bank
Nov 13, 1987 West Texas State Bank of Canyon Canyon $20.4M First NB of Amarillo
Oct 22, 1987 Western National Bank Bryan $22.7M First State Bank in Cald
Oct 22, 1987 First State Bank of Bovina Bovina $20.1M First Bank of Muleshoe
Oct 1, 1987 Western Bank-Westheimer Houston $260.6M Charter NB Houston
Oct 1, 1987 Western Bank-Westwood, N.A. Houston $44.2M Texas Commerce Bank N.A.
Oct 1, 1987 Western Bank-North Wilcrest, N.A Houston $41.1M Texas Commerce Bank N.A.
Sep 17, 1987 Steeplechase National Bank Houston $15.9M Cypress National Bank
Sep 10, 1987 Waxahachie Bank & Trust Company Waxahachie $68.9M Merchants State Bank
Sep 10, 1987 La Marque Bank La Marque $6.3M First Bank of La Marque
Aug 27, 1987 Bank of North America Houston $34.5M Texas Commerce Bank N.A.
Aug 13, 1987 The First National Bank of Navasota Navasota $31.7M First Bank
Jul 9, 1987 Red Oak State Bank Red Oak $44.4M Red Oak State Bank
Jul 2, 1987 Citizens Bank Bryan $46.4M United Citizens Bank N.A.
Jul 2, 1987 Bank of Brazoria Brazoria $24.5M Moulton State Bank
Jun 11, 1987 Security Savings Association Texarkana $429.8M —

Source: FDIC failed-bank list. Counts are real closures by headquarters state; FDIC open-bank assistance transactions are not failures and are excluded. Assets and deposits are as reported at closing.

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