Data / Bank failures / First American Bank
Failed banks taken over by First American Bank: 8
First American Bank took over 8 failed banks between February 7, 1985 and June 25, 2010, holding $586.3 million in assets and $619.4 million in deposits. The FDIC estimates the cost to its insurance fund at $187.6 million. The largest: First California Savings ($161.4 million), First Bank & Trust ($148.1 million), High Desert State Bank ($80.3 million).
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Every bank it took over, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| High Desert State Bank | Albuquerque | NM | June 25, 2010 | $80.3 million | $81 million | $28.4 million | First American Bank |
| Town Community Bank and Trust | Antioch | IL | January 15, 2010 | $70.8 million | $68.3 million | $23.3 million | First American Bank |
| United Citizens Bank, National Assoc | College Station | TX | February 28, 1991 | $44.9 million | $47.2 million | $9.8 million | First American Bank |
| Texas Commercial Sa | Sulphur Springs | TX | September 21, 1990 | $27.7 million | $26.8 million | $7 million | First American Bank |
| University National Bank of College Statio | College Station | TX | March 8, 1990 | $36.3 million | $39.5 million | $11.7 million | First American Bank |
| First California Savings | Orange | CA | April 6, 1989 | $161.4 million | $194.5 million | $73.7 million | First American Bank |
| First Bank & Trust | Bryan | TX | February 9, 1989 | $148.1 million | $144.7 million | $30 million | First American Bank |
| Farmers National Bank of Erick | Erick | OK | February 7, 1985 | $16.8 million | $17.3 million | $3.6 million | First American Bank |
Other acquiring banks
- NCNB Texas National Bank 66
- Texas American Bridge Bank 24
- Bank One, Texas, N.A. 20
- 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
- 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.