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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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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
Sep 5, 1969 The First State Bank Aransas Pass $11.4M —
Aug 22, 1969 The Big Lake State Bank Big Lake $4.8M —
May 28, 1969 The State National Bank Lovelady $4.1M —
May 12, 1969 The First State Bank Dodson $1.1M —
Apr 12, 1969 Citizens State Bank Alvarado $2.6M —
Feb 13, 1968 Lorenzo State Bank Lorenzo $6.2M —
Jun 23, 1967 Sacul State Bank Sacul $762K —
Oct 17, 1966 First State Bank of Tuscola Tuscola $3.3M —
Jan 31, 1966 Blanket State Bank Blanket $1.3M —
Apr 5, 1965 First State Bank Covington $606K —
Feb 25, 1965 Malone State Bank Malone $589K —
Feb 5, 1965 Winona State Bank Winona $479K —
Jul 4, 1964 First State Bank Dell City $1.2M —
Mar 10, 1964 The First National Bank of Marlin Marlin $3.7M —
Dec 30, 1961 First State Bank Premont $1.9M —
Dec 3, 1959 First State Bank Tenaha $1.3M —
May 5, 1958 Peoples State Bank Richland Springs $618K —
Apr 10, 1957 First State Bank of Yorktown Yorktown $1.3M —
Oct 15, 1956 River Oaks State Bank Forth Worth $5.2M —
Jan 27, 1955 First National Bank of Lewisville Lewisville $721K —
Dec 18, 1948 The First State Bank Franklin $694K —
Jan 4, 1940 Guaranty Bond State Bank North Zulch $169K —
May 2, 1939 Tatum State Bank Tatum $47K —
Feb 3, 1939 Farmers State Bank in Merkel Merkel $183K —
Jan 16, 1939 First State Bank Marquez $87K —
Jan 9, 1939 First State Bank Elgin $347K —
Feb 12, 1938 The First National Bank of Purdon Purdon $63K —
Oct 1, 1937 Ringgold State Bank Ringgold $92K —
Oct 1, 1937 The First National Bank of Lovelady Lovelady — —
Jun 29, 1937 First State Bank of South San Antonio San Antonio $514K —
Jun 16, 1937 Union State Bank and Trust Company Bryan $359K —
Apr 12, 1937 First State Bank Arlington $719K —
Apr 8, 1937 Texas State Bank and Trust Company Corpus Christi $628K —
Dec 31, 1936 Central State Bank of Sherman Sherman $312K —
Apr 23, 1936 Guaranty Bond State Bank Miles $202K —
Mar 18, 1936 Benjamin State Bank Benjamin $254K —
Nov 18, 1935 Presidio Valley Bank Presidio $73K —
Oct 23, 1935 Buna State Bank Buna $47K —

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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