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Data / Bank failures / American Bank

Failed banks taken over by American Bank: 2

American Bank took over 2 failed banks between April 30, 1987 and May 18, 1990, holding $271.4 million in assets and $239.3 million in deposits. The FDIC estimates the cost to its insurance fund at $121.8 million. The largest: Unitedbank-Houston ($217.3 million), Jennings Fsa ($54.1 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Jennings FsaJenningsLAMay 18, 1990$54.1 million$55.9 million$11 millionAmerican Bank
Unitedbank-HoustonHoustonTXApril 30, 1987$217.3 million$183.4 million$110.8 millionAmerican Bank

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.