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Data / Bank failures / 1989 / Kirby State Bank

Kirby State Bank, Kirby, TX: failed September 14, 1989

Kirby State Bank in Kirby, Texas, failed on September 14, 1989. Schertz Bank & Trust of Schertz, TX, took over its deposits. It held $16.8 million in assets and $16.5 million in deposits at its last report. By assets it was the 460th largest of 534 banks closed or assisted in 1989.

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The FDIC's record

Closed
September 14, 1989
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
Schertz Bank & Trust, Schertz, TX
Total assets
$16,787,000
Total deposits
$16,453,000
Charter
State nonmember bank (FDIC)
Insurance fund
BIF
FDIC certificate
21186

The FDIC record

Other bank failures in Texas, 1987 to 1991

BankCityClosedAssetsDepositsEstimated costAcquirer
Alvarado National BankAlvaradoNovember 14, 1991$9.2 million$9.5 million$2.8 millionThe First National Bank in
Union BankSan AntonioOctober 31, 1991$84.9 million$85.2 million$8.9 millionChannelview Bank
First National Bank, BedfordBedfordOctober 24, 1991$23.2 million$23.3 million$2.4 millionFirst International Bank
First Federal SavingsLubbockOctober 11, 1991$223.7 million$222.5 million$5.2 millionFirst NB of Lubbock
Reagan State BankBig LakeOctober 3, 1991$20.3 million$20.9 million$4.6 millionSecurity State Bank
First Federal SavingsBeaumontSeptember 27, 1991$251.2 million$251.7 million$24.9 millionKilgore FS&LA
Davy Crockett FS & LaCrockettSeptember 13, 1991$50.5 million$48.3 million$2.3 million
The San Saba National BankSan SabaAugust 29, 1991$15.6 million$15.5 million$1.1 millionFirst Llano Bank

All bank failures in 1989 · 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.