Data / Bank failures / 1976 / Citizens State Bank
Citizens State Bank, Carrizo Springs, TX: failed June 28, 1976
Citizens State Bank in Carrizo Springs, Texas, failed on June 28, 1976. It held $17.4 million in assets and $15.9 million in deposits at its last report. By assets it was the 8th largest of 17 banks closed or assisted in 1976.
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The FDIC's record
- Closed
- June 28, 1976
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $17,410,000
- Total deposits
- $15,943,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 11548
Other bank failures in Texas, 1974 to 1978
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First State Bank & Trust Co. | Rio Grande City | November 19, 1976 | $13.8 million | $12.1 million | ||
| Northeast Bank of Houston | Houston | June 3, 1976 | $18.1 million | $17.5 million | ||
| South Texas Bank | Houston | February 25, 1976 | $7.8 million | $7.1 million | ||
| Astro Bank | Houston | October 16, 1975 | $5.5 million | $5.2 million | ||
| Franklin Bank | Houston | March 24, 1975 | $20.7 million | $18.2 million |
All bank failures in 1976 · All bank failures in Texas · The full failed bank list
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.