Data / Bank failures / 2009 / Guaranty Bank
Guaranty Bank, Austin, TX: failed August 21, 2009
Guaranty Bank in Austin, Texas, failed on August 21, 2009. Compass Bank of Birmingham, AL, took over its deposits. It held $13.46 billion in assets and $11.98 billion in deposits at its last report. By assets it was the 9th largest of 148 banks closed or assisted in 2009.
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The FDIC's record
- Closed
- August 21, 2009
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Compass Bank, Birmingham, AL
- Total assets
- $13,464,352,000
- Total deposits
- $11,984,112,000
- Charter
- Savings bank
- Insurance fund
- DIF
- FDIC certificate
- 32618
Other bank failures in Texas, 2007 to 2011
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First International Bank | Plano | September 30, 2011 | $239.9 million | $208.8 million | $58 million | American First National Bank |
| The La Coste National Bank | La Coste | February 19, 2010 | $53.9 million | $49.3 million | $5.7 million | Community National Bank |
| Madisonville State Bank | Madisonville | October 30, 2009 | $256.3 million | $224.7 million | U.S. Bank, NA | |
| Citizens National Bank | Teague | October 30, 2009 | $118.2 million | $97.6 million | $5.8 million | U.S. Bank, NA |
| North Houston Bank | Houston | October 30, 2009 | $325.5 million | $307.2 million | $12 million | U.S. Bank, NA |
| Millennium State Bank of Texas | Dallas | July 2, 2009 | $118.6 million | $115.5 million | $52.7 million | State Bank of Texas |
| Sanderson State Bank | Sanderson | December 12, 2008 | $38.2 million | $32 million | $7.7 million | The Pecos County Bank |
| Franklin Bank, SSB | Houston | November 7, 2008 | $5.09 billion | $3.69 billion | $614.1 million | Prosperity Bank |
All bank failures in 2009 · 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.