Failed banks
3,524 failures on FDIC record, newest first.
| Institution | Failed | Headquarters | Acquired by | Assets | Deposits | Estimated loss |
|---|---|---|---|---|---|---|
| BancFirst - Westlake, National AssociationAustin, TXFailed 1988-08-25 | 1988-08-25 | Austin, TX | Union National Bank of T | $15.0M | $16.3M | $5.0M |
| Bank of the Mid-South, Bossier City, LouisianaBossier City, LAFailed 1988-08-25 | 1988-08-25 | Bossier City, LA | Red River Valley Bank | $41.8M | $41.1M | $6.8M |
| First City Savings AssociationIrving, TXFailed 1988-08-19 | 1988-08-19 | Irving, TX | Sunbelt Savings FSB | $227.0M | $258.5M | $200.0M |
| Texana Savings and Loan AssociationTexarkana, TXFailed 1988-08-19 | 1988-08-19 | Texarkana, TX | Sunbelt Savings FSB | $78.1M | $75.5M | $48.1M |
| Sunbelt Savings Association of TexasDallas, TXFailed 1988-08-19 | 1988-08-19 | Dallas, TX | Sunbelt Savings FSB | $2.2B | $3.3B | $3.8B |
| Multibanc Savings AssociationDallas, TXFailed 1988-08-19 | 1988-08-19 | Dallas, TX | Sunbelt Savings FSB | $190.7M | $223.0M | $163.2M |
| Federated Savings and Loan AssociationSan Antonio, TXFailed 1988-08-19 | 1988-08-19 | San Antonio, TX | Sunbelt Savings FSB | $150.1M | $158.1M | $97.8M |
| Marshall County BankBritton, SDFailed 1988-08-19 | 1988-08-19 | Britton, SD | First National Bank | $10.7M | $9.4M | $229K |
| First National Bank AustinAustin, TXFailed 1988-08-18 | 1988-08-18 | Austin, TX | First State Bank | $26.0M | $27.2M | $12.1M |
| Town and Country National BankHarlingen, TXFailed 1988-08-18 | 1988-08-18 | Harlingen, TX | Harlingen National Bank | $29.6M | $30.8M | $11.1M |
| Citizens State BankMaud, OKFailed 1988-08-18 | 1988-08-18 | Maud, OK | Bank National Assn | $11.1M | $10.8M | $2.5M |
| West Houston National BankHouston, TXFailed 1988-08-11 | 1988-08-11 | Houston, TX | Texas Commerce Bank NA | $26.4M | $26.7M | $6.7M |
| First BankBalch Springs, TXFailed 1988-08-11 | 1988-08-11 | Balch Springs, TX | Gateway National Bank | $46.2M | $46.1M | $5.2M |
| Galena Park State BankGalena Park, TXFailed 1988-08-11 | 1988-08-11 | Galena Park, TX | Lockwood NB of Houston | $24.8M | $28.9M | $7.2M |
| Farmers & Merchants Bank of ElmoElmo, MOFailed 1988-08-04 | 1988-08-04 | Elmo, MO | First Bank of Maryville | $9.2M | $8.8M | $2.6M |
| Alaska Continental BankAnchorage, AKFailed 1988-08-03 | 1988-08-03 | Anchorage, AK | First Interstate Bank of | $51.5M | $52.3M | $20.5M |
| First RepublicBank DelawareNewark, DEFailed 1988-08-02 | 1988-08-02 | Newark, DE | Citibank Delaware | $582.4M | $164.9M | $249K |
| The American Federal Savings and Loan AssociationAnadarko, OKFailed 1988-07-29 | 1988-07-29 | Anadarko, OK | $65.1M | $144.5M | $102.4M | |
| Westlake Thrift and Loan AssociationWestlake Village, CAFailed 1988-07-29 | 1988-07-29 | Westlake Village, CA | Independence Bank | $55.2M | $51.2M | $7.7M |
| First RepublicBank Midland, National AssociationMidland, TXFailed 1988-07-29 | 1988-07-29 | Midland, TX | NCNB Texas National Bank | $659.4M | $574.5M | $72.7M |
| First RepublicBank Williamson County, National AssociationAustin, TXFailed 1988-07-29 | 1988-07-29 | Austin, TX | NCNB Texas National Bank | $44.0M | $42.0M | $14.5M |
| First RepublicBank El Paso, National AssociationEl Paso, TXFailed 1988-07-29 | 1988-07-29 | El Paso, TX | NCNB Texas National Bank | $217.7M | $208.2M | $35.0M |
| First RepublicBank ParisParis, TXFailed 1988-07-29 | 1988-07-29 | Paris, TX | NCNB Texas National Bank | $79.3M | $74.1M | $20.5M |
| First RepublicBank A&MCollege Station, TXFailed 1988-07-29 | 1988-07-29 | College Station, TX | NCNB Texas National Bank | $101.0M | $95.8M | $11.7M |
| First RepublicBank VictoriaVictoria, TXFailed 1988-07-29 | 1988-07-29 | Victoria, TX | NCNB Texas National Bank | $175.2M | $163.0M | $21.5M |
| First RepublicBank Jefferson CountyBeaumont, TXFailed 1988-07-29 | 1988-07-29 | Beaumont, TX | NCNB Texas National Bank | $240.7M | $223.9M | $46.9M |
| First RepublicBank MalakoffMalakoff, TXFailed 1988-07-29 | 1988-07-29 | Malakoff, TX | NCNB Texas National Bank | $49.6M | $47.3M | $16.6M |
| First RepublicBank HillsboroHillsboro, TXFailed 1988-07-29 | 1988-07-29 | Hillsboro, TX | NCNB Texas National Bank | $68.1M | $63.0M | $20.9M |
| First RepublicBank San Antonio, National AssociationSan Antonio, TXFailed 1988-07-29 | 1988-07-29 | San Antonio, TX | NCNB Texas National Bank | $797.2M | $726.8M | $57.4M |
| First RepublicBank Cleburne, National AssociationCleburne, TXFailed 1988-07-29 | 1988-07-29 | Cleburne, TX | NCNB Texas National Bank | $118.4M | $110.9M | $14.5M |
| First RepublicBank LufkinLufkin, TXFailed 1988-07-29 | 1988-07-29 | Lufkin, TX | NCNB Texas National Bank | $224.9M | $192.4M | $21.5M |
| First RepublicBank Wichita Falls, National AssociationWichita Falls, TXFailed 1988-07-29 | 1988-07-29 | Wichita Falls, TX | NCNB Texas National Bank | $304.2M | $270.7M | $42.4M |
| First RepublicBank Waco, National AssociationWaco, TXFailed 1988-07-29 | 1988-07-29 | Waco, TX | NCNB Texas National Bank | $716.3M | $591.9M | $59.0M |
| First RepublicBank Tyler, National AssociationTyler, TXFailed 1988-07-29 | 1988-07-29 | Tyler, TX | NCNB Texas National Bank | $610.4M | $536.5M | $67.6M |
| First RepublicBank Stephenville, National AssociationStephenville, TXFailed 1988-07-29 | 1988-07-29 | Stephenville, TX | NCNB Texas National Bank | $124.2M | $116.8M | $19.7M |
| National Bank of Fort Sam HoustonSan Antonio, TXFailed 1988-07-29 | 1988-07-29 | San Antonio, TX | NCNB Texas National Bank | $634.8M | $501.9M | $96.9M |
| First RepublicBank Richmond, National AssociationRichmond, TXFailed 1988-07-29 | 1988-07-29 | Richmond, TX | NCNB Texas National Bank | $99.9M | $92.5M | $29.3M |
| First RepublicBank Plano, National AssociationPlano, TXFailed 1988-07-29 | 1988-07-29 | Plano, TX | NCNB Texas National Bank | $199.7M | $182.9M | $37.5M |
| First RepublicBank Odessa, National AssociationOdessa, TXFailed 1988-07-29 | 1988-07-29 | Odessa, TX | NCNB Texas National Bank | $175.0M | $166.0M | $38.1M |
| First RepublicBank Mount Pleasant, National AssociationMount Pleasant, TXFailed 1988-07-29 | 1988-07-29 | Mount Pleasant, TX | NCNB Texas National Bank | $148.1M | $137.0M | $32.8M |
| First RepublicBank Mineral Wells, National AssociationMineral Wells, TXFailed 1988-07-29 | 1988-07-29 | Mineral Wells, TX | NCNB Texas National Bank | $174.4M | $168.3M | $53.1M |
| First RepublicBank Lubbock, National AssociationLubbock, TXFailed 1988-07-29 | 1988-07-29 | Lubbock, TX | NCNB Texas National Bank | $528.1M | $475.8M | $1.6M |
| First RepublicBank Houston, National AssociationHouston, TXFailed 1988-07-29 | 1988-07-29 | Houston, TX | NCNB Texas National Bank | $2.7B | $2.3B | $551.4M |
| First RepublicBank Henderson, National AssociationHenderson, TXFailed 1988-07-29 | 1988-07-29 | Henderson, TX | NCNB Texas National Bank | $128.9M | $119.4M | $36.9M |
| First RepublicBank Harlingen, National AssociationHarlingen, TXFailed 1988-07-29 | 1988-07-29 | Harlingen, TX | NCNB Texas National Bank | $213.6M | $193.1M | $47.3M |
| First RepublicBank Greenville, National AssociationGreenville, TXFailed 1988-07-29 | 1988-07-29 | Greenville, TX | NCNB Texas National Bank | $85.9M | $79.6M | $16.2M |
| First RepublicBank Galveston, National AssociationGalveston, TXFailed 1988-07-29 | 1988-07-29 | Galveston, TX | NCNB Texas National Bank | $257.2M | $242.6M | $13.9M |
| First RepublicBank Fort Worth, National AssociationFort Worth, TXFailed 1988-07-29 | 1988-07-29 | Fort Worth, TX | NCNB Texas National Bank | $2.0B | $1.6B | $155.1M |
| First RepublicBank Ennis, National AssociationEnnis, TXFailed 1988-07-29 | 1988-07-29 | Ennis, TX | NCNB Texas National Bank | $96.1M | $90.6M | $21.3M |
| First RepublicBank Denison, National AssociationDenison, TXFailed 1988-07-29 | 1988-07-29 | Denison, TX | NCNB Texas National Bank | $143.5M | $136.3M | $29.1M |
| First RepublicBank Dallas, National AssociationDallas, TXFailed 1988-07-29 | 1988-07-29 | Dallas, TX | NCNB Texas National Bank | $17.1B | $7.7B | $2.0B |
| First RepublicBank Corsicana, National AssociationCorsicana, TXFailed 1988-07-29 | 1988-07-29 | Corsicana, TX | NCNB Texas National Bank | $200.6M | $186.9M | $16.0M |
| First RepublicBank Conroe, National AssociationConroe, TXFailed 1988-07-29 | 1988-07-29 | Conroe, TX | NCNB Texas National Bank | $207.7M | $200.6M | $48.8M |
| First RepublicBank Brownwood, National AssociationBrownwood, TXFailed 1988-07-29 | 1988-07-29 | Brownwood, TX | NCNB Texas National Bank | $126.7M | $118.8M | $28.5M |
| First RepublicBank Austin, National AssociationAustin, TXFailed 1988-07-29 | 1988-07-29 | Austin, TX | NCNB Texas National Bank | $1.7B | $1.3B | $45.9M |
| First RepublicBank Abilene, National AssociationAbilene, TXFailed 1988-07-29 | 1988-07-29 | Abilene, TX | NCNB Texas National Bank | $218.2M | $201.2M | $52.3M |
| First RepublicBank Temple, National AssociationTemple, TXFailed 1988-07-29 | 1988-07-29 | Temple, TX | NCNB Texas National Bank | $163.6M | $150.4M | $13.9M |
| First RepublicBank ForneyForney, TXFailed 1988-07-29 | 1988-07-29 | Forney, TX | NCNB Texas National Bank | $54.6M | $50.9M | $16.4M |
| First RepublicBank CliftonClifton, TXFailed 1988-07-29 | 1988-07-29 | Clifton, TX | NCNB Texas National Bank | $82.3M | $76.9M | $23.0M |
| National Fidelity Bank of ShreveportShreveport, LAFailed 1988-07-28 | 1988-07-28 | Shreveport, LA | Hibernia National Bank | $10.5M | $10.6M | $2.9M |
| First Capitol BankWest Columbia, TXFailed 1988-07-28 | 1988-07-28 | West Columbia, TX | First Bank | $50.0M | $46.3M | $23.3M |
| Platte Valley Federal Savings and Loan AssociationGering, NEFailed 1988-07-21 | 1988-07-21 | Gering, NE | $407.6M | $400.1M | — | |
| The First National Bank of Blooming PrairieBlooming Prairie, MNFailed 1988-07-21 | 1988-07-21 | Blooming Prairie, MN | First Amn Bk Blooming Pr | $20.0M | $20.0M | $2.1M |
| Union Bank and TrustBartlesville, OKFailed 1988-07-21 | 1988-07-21 | Bartlesville, OK | First NB in Bartlesville | $115.4M | $129.0M | $33.1M |
| Allen National BankAllen, TXFailed 1988-07-14 | 1988-07-14 | Allen, TX | Benchmark Bank | $26.3M | $26.2M | $7.1M |
| The American BankPalestine, TXFailed 1988-07-14 | 1988-07-14 | Palestine, TX | Royall NB of Palestine | $20.8M | $20.4M | $3.8M |
| The Security BankWarner, OKFailed 1988-07-14 | 1988-07-14 | Warner, OK | Vian State Bank | $9.4M | $9.4M | $601K |
| Republic National BankNorman, OKFailed 1988-06-30 | 1988-06-30 | Norman, OK | Republic Bank of Norman | $24.3M | $26.5M | $7.7M |
| First National BankSherman, TXFailed 1988-06-30 | 1988-06-30 | Sherman, TX | First NB of Van Alstyne | $24.5M | $24.2M | $6.0M |
| Mercantile Bank & TrustSan Antonio, TXFailed 1988-06-30 | 1988-06-30 | San Antonio, TX | Groos Bank National Assn | $76.2M | $81.6M | $12.4M |
| Claiborne Bank & Trust CompanyHomer, LAFailed 1988-06-29 | 1988-06-29 | Homer, LA | Homer National Bank | $13.1M | $12.9M | $1.3M |
| Tri-Cities Bank & TrustGlenn Heights, TXFailed 1988-06-23 | 1988-06-23 | Glenn Heights, TX | Abrams Centre National B | $9.2M | $10.0M | $4.0M |
| Texas National BankVictoria, TXFailed 1988-06-23 | 1988-06-23 | Victoria, TX | Texas NB of Victoria | $14.4M | $14.9M | $3.2M |
| Northwest Bank and TrustHouston, TXFailed 1988-06-23 | 1988-06-23 | Houston, TX | Northwest Bank | $97.6M | $92.5M | $40.5M |
| The Bank of WestminsterWestminster, COFailed 1988-06-22 | 1988-06-22 | Westminster, CO | First NB Westminster | $6.5M | $6.6M | $81K |
| The Liberty Bank of SeattleSeattle, WAFailed 1988-06-17 | 1988-06-17 | Seattle, WA | Emerald City Bank | $19.1M | $20.6M | $8.4M |
| Kingsland National BankKingsland, TXFailed 1988-06-16 | 1988-06-16 | Kingsland, TX | Security State Bank & Trus | $14.1M | $14.7M | $4.3M |
| Century National BankAustin, TXFailed 1988-06-16 | 1988-06-16 | Austin, TX | Community National Bank | $54.0M | $56.1M | $13.8M |
| Parkway Bank & TrustDallas, TXFailed 1988-06-09 | 1988-06-09 | Dallas, TX | Deposit Guaranty Bank | $42.3M | $42.3M | $18.5M |
| Larue Federal Savings and Loan AssociationHodgenville, KYFailed 1988-06-03 | 1988-06-03 | Hodgenville, KY | $12.0M | $16.2M | $4.0M | |
| Williamstown Bank, National AssociationHouston, TXFailed 1988-06-02 | 1988-06-02 | Houston, TX | City National Bank | $23.0M | $22.7M | $5.8M |
| River Plaza National BankFort Worth, TXFailed 1988-06-02 | 1988-06-02 | Fort Worth, TX | Tarrant Bank | $41.8M | $44.4M | $17.4M |
| Security Bank of AuroraAurora, COFailed 1988-06-02 | 1988-06-02 | Aurora, CO | Security Bank of Colorad | $10.9M | $10.1M | $694K |
| Security Bank of BoulderBoulder, COFailed 1988-06-02 | 1988-06-02 | Boulder, CO | First NB in Boulder | $14.1M | $13.8M | $305K |
| Community State BankWhiting, IAFailed 1988-06-02 | 1988-06-02 | Whiting, IA | Sloan State Bank | $5.1M | $5.0M | $923K |
| Guaranty BankDallas, TXFailed 1988-06-02 | 1988-06-02 | Dallas, TX | Red Oak State Bank | $82.1M | $75.5M | $40.7M |
| Sandy State BankSandy, UTFailed 1988-05-27 | 1988-05-27 | Sandy, UT | Zions First National Ban | $8.9M | $8.0M | $1.9M |
| First National Bank of KingwoodKingwood, TXFailed 1988-05-26 | 1988-05-26 | Kingwood, TX | Interstate Bank North | $16.1M | $16.2M | $4.6M |
| Lone Star BankHarris County, TXFailed 1988-05-26 | 1988-05-26 | Harris County, TX | Citizens B&T Co Baytown | $13.0M | $13.0M | $3.0M |
| The First State BankRockwall, TXFailed 1988-05-26 | 1988-05-26 | Rockwall, TX | Community Bank | $39.9M | $39.7M | $14.8M |
| Universal Savings and Loan AssociationScottsdale, AZFailed 1988-05-24 | 1988-05-24 | Scottsdale, AZ | $116.8M | $114.8M | — | |
| National Bank of TexasHouston, TXFailed 1988-05-19 | 1988-05-19 | Houston, TX | Old Braeswood National B | $19.4M | $26.1M | $13.6M |
| Cardinal Savings Bank, Inc.Newport, NCFailed 1988-05-13 | 1988-05-13 | Newport, NC | $93.9M | $92.8M | $27.5M | |
| Westside National BankHouston, TXFailed 1988-05-13 | 1988-05-13 | Houston, TX | Compass Bank Houston NA | $32.2M | $38.7M | $15.4M |
| The First State Bank, Childress, TexasChildress, TXFailed 1988-05-12 | 1988-05-12 | Childress, TX | Citizens STB of Dalhart | $14.9M | $14.6M | $3.5M |
| Forest City Bank & Trust CompanyForest City, IAFailed 1988-05-06 | 1988-05-06 | Forest City, IA | Liberty Bank & Trust | $26.6M | $26.5M | $733K |
| Lincoln National BankArlington, TXFailed 1988-05-05 | 1988-05-05 | Arlington, TX | Tarrant Bank | $13.0M | $12.1M | $4.2M |
| Union Bank & Trust of DallasDallas, TXFailed 1988-05-05 | 1988-05-05 | Dallas, TX | Cornerstone Bank NA | $36.7M | $38.5M | $8.3M |
| American Federal Savings and Loan AssociationAnderson, INFailed 1988-04-29 | 1988-04-29 | Anderson, IN | $145.8M | $194.5M | $41.5M | |
| Oak Park BankOak Park Heights, MNFailed 1988-04-29 | 1988-04-29 | Oak Park Heights, MN | St Croix Valley Bank | $21.1M | $19.7M | $5.9M |