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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
Mar 16, 1989 Golden Triangle S & La Bridge City $26.9M Deposit payout
Mar 16, 1989 The Farmers & Merchants State Bank Ballinger $22.5M The First National Bank of
Mar 16, 1989 Island Bank South Padre Island $17.5M FirstBank
Mar 15, 1989 First South Sa Houston $278.0M Deposit payout
Mar 9, 1989 Benjamin Franklin Sa Houston $2.64B Banc One TX, N.A.
Mar 9, 1989 Commonwealth Savings Assoc. Houston $1.65B Branch sale
Mar 9, 1989 Bancplus Savings Association Pasadena $751.5M United Sa of TX, FSB
Mar 9, 1989 Continental Savings, a FS & La Bellaire $354.6M Branch sale
Mar 9, 1989 American S & La of Brazoria Lake Jackson $281.3M Deposit payout
Mar 9, 1989 Ameriway Savings Houston $176.5M United Sa of the SW, FSB
Mar 9, 1989 Western Gulf Savings Bay City $154.8M Victoria B&TC
Mar 9, 1989 Universal Sa Houston $142.1M Channelview Bank
Mar 9, 1989 Bankers S & L Assoc. Galveston $106.4M NCNB Texas National Bank
Mar 9, 1989 Spring Branch S & La Houston $99.9M Coastal Banc Sa
Mar 9, 1989 Village Savings FSB Houston $93.8M NCNB Texas National Bank
Mar 9, 1989 Trinity Valley Savings Cleveland $91.9M Hibernia NB, TX
Mar 9, 1989 First Equity Sa Tomball $87.1M Kilgore FS&LA
Mar 9, 1989 Citizens of Texas S & L Assoc. Baytown $76.4M West Loop S&LA
Mar 9, 1989 First Capital Savings ASSOC./TEXAS Houston $70.9M NCNB Texas National Bank
Mar 9, 1989 Century Savings & Loan Baytown $58.7M NCNB Texas National Bank
Mar 9, 1989 Humble S & L Assoc. Humble $50.3M Hibernia NB, TX
Mar 9, 1989 Bank of the West Austin $46.7M The Bank of the West
Mar 9, 1989 Southeastern Savings Assoc. Dayton $44.7M Deposit payout
Mar 9, 1989 Liberty County FS & La Liberty $43.8M Bayshore NB
Mar 9, 1989 Bayshore Sa Laporte $39.4M BNB Sa, FSA
Mar 9, 1989 City Savings Assoc. League City $33.8M League City B&T
Mar 9, 1989 Lakeway National Bank Austin $16.7M First Commercial Bank, N.A.
Mar 9, 1989 Citizens Bank and Trust Calvert $14.2M First State Bank
Mar 2, 1989 San Antonio Savings San Antonio $2.64B First Gibraltar Bank, FSB
Mar 2, 1989 Bexar Savings Association San Antonio $813.6M Sunbelt Savings
Mar 2, 1989 Alamo Sa of Texas San Antonio $569.9M Deposit payout
Mar 2, 1989 First State Savings San Antonio $217.0M Banc One TX, N.A.
Mar 2, 1989 Mission Sa of Texas San Antonio $97.8M Deposit payout
Mar 2, 1989 Southmost S & L Brownsville $95.8M Deposit payout
Mar 2, 1989 Vision Banc Savings Assoc. Kingsville $77.3M Deposit payout
Mar 2, 1989 La Hacienda Savings Assoc. San Antonio $69.7M First Community Bank
Mar 2, 1989 Suburban Savings Assoc. San Antonio $49.2M Plaza Bank, N.A.
Mar 2, 1989 Padre Federal S & L Corpus Christi $18.4M Deposit payout
Mar 2, 1989 Permian S & L Assoc. Kermit $10.8M Deposit payout
Feb 28, 1989 Commerce Sa San Antonio $807.3M Bank of America TX, N.A.
Feb 17, 1989 The First State Bank Abilene $272.7M NCNB Texas National Bank
Feb 16, 1989 Texas National Bank Houston $39.7M First Galleria Bank
Feb 16, 1989 Security Bank Houston $19.3M Texas Commerce Bank, N.A.
Feb 16, 1989 Westpoint National Bank San Antonio $8.3M The Frost National Bank of
Feb 15, 1989 First Continental National Bank Houston $9.0M —
Feb 14, 1989 University Federal Savings Houston $4.48B NCNB Texas National Bank
Feb 10, 1989 Bright Banc Dallas $4.39B Banc One FSB
Feb 9, 1989 First Bank & Trust Bryan $148.1M First American Bank
Feb 9, 1989 Citizens Bank Houston $100.1M Deposit Guaranty Bank
Feb 9, 1989 Citizens Bank Houston Houston $40.2M Deposit Guaranty Bank

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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