Data / Bank failures / 1990 / Lone Star National Bank
Lone Star National Bank, Dallas, TX: failed November 2, 1990
Lone Star National Bank in Dallas, Texas, failed on November 2, 1990. Comerica Bank - Texas of Dallas, TX, took over its deposits. It held $34.2 million in assets and $42.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $20.6 million (60.2% of its assets). By assets it was the 261st largest of 382 banks closed or assisted in 1990.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- November 2, 1990
- Type
- Failure
- How it was resolved
- Insured deposit transfer: the insured deposits moved to another bank
- Acquirer
- Comerica Bank - Texas, Dallas, TX
- Total assets
- $34,211,000
- Total deposits
- $42,529,000
- Estimated cost to the FDIC
- $20,593,654 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- BIF
- FDIC certificate
- 25763
Other bank failures in Texas, 1988 to 1992
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Citizens State Bank (assistance) | Princeton | December 10, 1992 | $12.9 million | $12.8 million | $246,897 | Citizens State Bank |
| First City, Texas - San Antonio | San Antonio | October 30, 1992 | $265.7 million | $259 million | The Frost National Bank | |
| First City, Texas - Corpus Chris | Corpus Christi | October 30, 1992 | $462.8 million | $383.4 million | Mercantile Bank, NA | |
| First City, Texas - Aransas Pass | Aransas Pass | October 30, 1992 | $51.7 million | $47.2 million | Corpus Christi National Ban | |
| First City, Texas - Alice, NA | Alice | October 30, 1992 | $128 million | $118 million | Alice Bank of Texas | |
| First City, Texas - Kountze, NA | Kountze | October 30, 1992 | $51.3 million | $47 million | Citizens Bank | |
| First City, Texas - El Paso, NA | El Paso | October 30, 1992 | $395.9 million | $367.3 million | Sunwest Bank of El Paso | |
| First City, Texas - Lake Jackson | Lake Jackson | October 30, 1992 | $104.3 million | $96.4 million | First Heights Bank, FSB |
Other failed banks Comerica Bank - Texas took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Peoples State Bank | Dallas | TX | December 14, 1990 | $30.3 million | $30.6 million | $6.3 million | Comerica Bank - Texas |
| Continental Bank | Dallas | TX | July 26, 1990 | $135.5 million | $136 million | $24.7 million | Comerica Bank - Texas |
| Richardson National Bank | Richardson | TX | May 3, 1990 | $50.5 million | $59.1 million | $12.4 million | Comerica Bank - Texas |
| Commonwealth Bank | Arlington | TX | October 5, 1989 | $74.9 million | $79.3 million | $16.5 million | Comerica Bank - Texas |
All bank failures in 1990 · All bank failures in Texas · Every failed bank Comerica Bank - Texas 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.