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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
Jun 11, 1987 Northwest Commercial Bank, N.A. Houston $14.2M Jersey Village Bank
Jun 11, 1987 First State Bank Milford $7.3M Ellis County State Bank
Jun 4, 1987 United Bank of Texas Austin $208.4M Mbank Austin National As
Jun 4, 1987 The First State Bank Frisco $43.3M Promenade National Bank
May 28, 1987 Texas National Bank-Westheimer Houston $26.3M Texas Capital Bank-Westw
May 21, 1987 Lake Austin National Bank Austin $43.7M Greater TX Bank Southwes
May 21, 1987 Texas Investment Bank, N.A. Houston $17.1M River Oaks Bank
May 20, 1987 Independent American Sa Irving $1.01B Sunbelt Savings, FSB
May 14, 1987 Marlin National Bank Marlin $39.6M Bank of Longview N.A.
Apr 30, 1987 Unitedbank-Houston Houston $217.3M American Bank
Apr 30, 1987 Peoples State Bank Turkey $5.8M Memphis State Bank
Apr 23, 1987 North Central National Bank Austin $23.4M Greater Texas Bank North
Apr 16, 1987 First Bank of Saginaw Saginaw $30.6M Southwest Bank
Apr 16, 1987 First Commercial Bank of Texas, Houston $4.4M Omnibanc North Belt N.A.
Apr 9, 1987 The Southwestern Bank, N.A. Houston $14.7M Omnibanc North Belt N.A.
Mar 20, 1987 Vernon S&LA Vernon $1.35B Montfort Savings Associatio
Mar 19, 1987 Red River National Bank in Clarksville Clarksville $22.8M State Bank of De Kalb
Mar 19, 1987 Sweeney Bank Sweeney $19.7M First State Bank
Mar 12, 1987 Western Bank El Paso $46.7M Mbank El Paso National a
Mar 12, 1987 Plaza National Bank Del Rio $34.2M —
Mar 12, 1987 The First National Bank of Olney Olney $16.7M First National Bank of O
Mar 5, 1987 Liberty Bank Houston $57.2M Central Bank of Houston
Mar 5, 1987 Sealy National Bank Sealy $7.7M Austin County State Bank
Feb 26, 1987 Farmers State Bank Hart $9.8M Hale County State Bank
Feb 26, 1987 First National Bank of Crosby Crosby $7.8M First NB of Crosby
Feb 20, 1987 The First National Bank of Weslaco Weslaco $70.7M —
Feb 12, 1987 Federated National Bank Live Oak $13.6M —
Feb 12, 1987 Security National Bank Midland $8.6M —
Feb 5, 1987 Sunbelt National Bank Dallas $11.4M —
Jan 29, 1987 Montgomery County Bank, N.A. The Woodlands $48.5M Texas Commerce Bank N.A.
Jan 29, 1987 Bear Creek National Bank Bear Creek $26.6M Jersey Village Bank
Jan 29, 1987 The La Pryor State Bank La Pryor $5.7M Zavala County Bank
Jan 16, 1987 First S&LA of Burkburnett Burkburnett $204.5M —
Jan 8, 1987 Bowie National Bank Bowie $12.3M Bowie State Bank
Dec 19, 1986 Farmers State Bank Lueders $9.7M Farmers&merchants NB Mer
Dec 18, 1986 First Bank & Trust Co. Booker $94.9M First NB of Perryton
Dec 18, 1986 Lago Vista National Bank Lago Vista $11.9M Greater Texas Bank Leand
Dec 4, 1986 Panhandle Bank & Trust Company Borger $112.1M Amarillo National Bank
Nov 20, 1986 Texana National Bank of College College Station $12.1M First State Bank in Cald
Nov 6, 1986 The Citizens State Bank Donna $27.5M Raymondville State Bank
Oct 2, 1986 Century National Bank Houston $15.5M Sterling Bank Willowbroo
Sep 25, 1986 Heritage National Bank Richardson $33.1M Brookhollow National Ban
Sep 19, 1986 Texas Bank & Trust Company Lubbock $39.2M Republicbank Lubbock N.A.
Sep 18, 1986 Texas Independence Bank Pasadena $12.3M Texas Independence Bank
Sep 12, 1986 Western S&LA Dallas $1.96B Sunbelt Savings, FSB
Sep 4, 1986 Western Bank Midland $77.4M United Bank National Ass
Aug 21, 1986 Danbury Bank Danbury $9.4M Danbury State Bank
Aug 7, 1986 First Citizens Bank Dallas $112.7M Grand Bank Northeast
Jul 31, 1986 Eden State Bank Eden $13.3M Eden State Bank
Jul 18, 1986 Permian Bank Odessa $41.2M —

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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