Data / Bank failures / Bank One, Texas, N.A.
Failed banks taken over by Bank One, Texas, N.A.: 20
Bank One, Texas, N.A. took over 20 failed banks between March 28, 1989 and March 28, 1989, holding $15.64 billion in assets and $11.94 billion in deposits. The FDIC estimates the cost to its insurance fund at $2.84 billion. The largest: Mbank Dallas, National Association ($6.56 billion), Mbank Houston, National Assoc ($3.31 billion), Mbank Alamo, National Association ($784.9 million).
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Every bank it took over, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Mbank the Woodlands, National Assoc | The Woodlands | TX | March 28, 1989 | $160.1 million | $155.6 million | $6.9 million | Bank One, Texas, N.A. |
| Mbank Houston, National Assoc | Houston | TX | March 28, 1989 | $3.31 billion | $2.57 billion | $731.6 million | Bank One, Texas, N.A. |
| Mbank Abilene, National Association | Abilene | TX | March 28, 1989 | $199 million | $213.2 million | $73.3 million | Bank One, Texas, N.A. |
| Mbank Denton County, National Assoc | Lewisville | TX | March 28, 1989 | $220.1 million | $212.3 million | $1.3 million | Bank One, Texas, N.A. |
| Mbank Midcities, National Assoc | Arlington | TX | March 28, 1989 | $358 million | $331.4 million | $6.7 million | Bank One, Texas, N.A. |
| Mbank Orange, National Assoc | Orange | TX | March 28, 1989 | $149.8 million | $144.5 million | $4.2 million | Bank One, Texas, N.A. |
| Mbank Odessa, National Assoc | Odessa | TX | March 28, 1989 | $317.6 million | $298.5 million | $7.1 million | Bank One, Texas, N.A. |
| Mbank Round Rock, National Assoc | Round Rock | TX | March 28, 1989 | $164.6 million | $162.6 million | $17.9 million | Bank One, Texas, N.A. |
| Mbank Wichita Falls, National Assoc | Wichita Falls | TX | March 28, 1989 | $484.8 million | $450.5 million | $15.7 million | Bank One, Texas, N.A. |
| Mbank Sherman, National Assoc | Sherman | TX | March 28, 1989 | $282 million | $271.4 million | $3.4 million | Bank One, Texas, N.A. |
| Mbank Alamo, National Association | San Antonio | TX | March 28, 1989 | $784.9 million | $708.2 million | $82.5 million | Bank One, Texas, N.A. |
| Mbank Jefferson County, NA | Port Arthur | TX | March 28, 1989 | $330.9 million | $307.3 million | $16.2 million | Bank One, Texas, N.A. |
| Mbank Marshall, National Assoc | Marshall | TX | March 28, 1989 | $210.3 million | $197 million | $5 million | Bank One, Texas, N.A. |
| Mbank Longview, National Assoc | Longview | TX | March 28, 1989 | $265 million | $254.7 million | $11.3 million | Bank One, Texas, N.A. |
| Mbank Fort Worth, National Assoc | Fort Worth | TX | March 28, 1989 | $749.1 million | $624.2 million | $153.3 million | Bank One, Texas, N.A. |
| Mbank Dallas, National Association | Dallas | TX | March 28, 1989 | $6.56 billion | $4.03 billion | $1.61 billion | Bank One, Texas, N.A. |
| Mbank Corsicana, National Association | Corsicana | TX | March 28, 1989 | $165.1 million | $160.8 million | $900,369 | Bank One, Texas, N.A. |
| Mbank Brenham, National Association | Brenham | TX | March 28, 1989 | $140.3 million | $132.4 million | $5.2 million | Bank One, Texas, N.A. |
| Mbank Austin, National Association | Austin | TX | March 28, 1989 | $642 million | $560.1 million | $87.2 million | Bank One, Texas, N.A. |
| Mbank Greenville, National Assoc | Greenville | TX | March 28, 1989 | $153.3 million | $152.7 million | $4.9 million | Bank One, Texas, N.A. |
Other acquiring banks
- NCNB Texas National Bank 66
- Texas American Bridge Bank 24
- First State Bank 18
- Kilgore FS&LA 16
- The First National Bank of 16
- Consolidated S&LA 15
- Hibernia National Bank in T 15
- Citizens Bank 12
- State Bank and Trust Company 12
- Deposit Guaranty Bank 11
- First Bank 11
- Olney S&LA 11
- U.S. Bank, NA 11
- American Federal Bank FSB 10
- Ameris Bank 10
- Central Bank 9
- First-Citizens Bank & Trust Company 9
- Home Sa of America 9
- Citizens State Bank 8
- Community & Southern Bank 8
- First American Bank 8
- Bank of the Ozarks 7
- Centennial Bank 7
- Channelview Bank 7
- Hibernia National Bank 7
- Pacific Southwest SB FSB 7
- Premier American Bank, National Association 7
- Texas Commerce Bank NA 7
- Bank One, Texas, National A 6
- Comerica Bank-Texas 6
- First FSB 6
- First National Bank 6
- Horizon FS&LA 6
- Household Bank FSB 6
- Republic Bank of Chicago 6
- Sunbelt Savings FSB 6
- 1ST United Bank 5
- American National Bank 5
- Anchor Savings Bank FSB 5
- Centerstate Bank of Florida, National Association 5
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.