Data / Bank failures / 1992 / Citizens State Bank
Citizens State Bank, Princeton, TX: received FDIC assistance December 10, 1992
Citizens State Bank in Princeton, Texas, received open bank assistance from the FDIC on December 10, 1992. It held $12.9 million in assets and $12.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $246,897 (1.9% of its assets). By assets it was the 171st largest of 181 banks closed or assisted in 1992.
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The FDIC's record
- Closed
- December 10, 1992
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Citizens State Bank, Princeton, TX
- Total assets
- $12,943,000
- Total deposits
- $12,779,000
- Estimated cost to the FDIC
- $246,897 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- BIF
- FDIC certificate
- 9015
Other bank failures in Texas, 1990 to 1994
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Plaza Bank, N.A. of New Braunfels | New Braunfels | October 14, 1993 | $54.6 million | $56.9 million | $2.7 million | Texas Com Bank-New Braun |
| Tarrant Bank | Fort Worth | August 25, 1993 | $62.6 million | $59.7 million | $7.3 million | First Interstate BK of T |
| The Wolfe City National Bank | Wolfe City | July 29, 1993 | $30.4 million | $32.2 million | $4.9 million | Sulphur Springs State Ba |
| Fidelity National Bank | Houston | July 22, 1993 | $52.6 million | $50.3 million | $5.5 million | Comerica Bank Texas |
| Westheimer National Bank | Houston | July 1, 1993 | $27.9 million | $28.1 million | $8.2 million | Nationsbank of Texas NA |
| Bankcentral Amarillo | Amarillo | June 10, 1993 | $34.7 million | $34.1 million | $2.5 million | Amarillo National Bank |
| First State Bank | Vega | April 1, 1993 | $21.4 million | $20.7 million | $2.8 million | Citizens STB of Dalhart |
| United Bank, N.A. | Lancaster | March 18, 1993 | $49.8 million | $49 million | $160,905 | Kilgore First National Bank |
Other failed banks Citizens State Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Burleson County Savings Assoc. | Caldwell | TX | May 31, 1991 | $31.5 million | $32 million | $7.4 million | Citizens State Bank |
| Peoples National Bank | Caldwell | TX | June 21, 1990 | $9.6 million | $10.8 million | $3.2 million | Citizens State Bank |
| First-Taylor National Bank | Taylor | TX | May 17, 1990 | $74 million | $79.8 million | $10.9 million | Citizens State Bank |
| First State Bank | Deanville | TX | April 20, 1989 | $9.4 million | $9.3 million | $1.3 million | Citizens State Bank |
| Citizens State Bank (assistance) | Hayfield | MN | January 27, 1988 | $28 million | $28.7 million | $783,034 | Citizens State Bank |
| Commercial State Bank | Pocahontas | IA | June 27, 1986 | $47.9 million | $42.9 million | $9.9 million | Citizens State Bank |
| The First National Bank of Gorman | Gorman | TX | February 27, 1986 | $14.5 million | $13.6 million | $5.7 million | Citizens State Bank |
All bank failures in 1992 · All bank failures in Texas · Every failed bank Citizens State Bank took over · 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.