Data / Bank failures / 1968 / Lorenzo State Bank
Lorenzo State Bank, Lorenzo, TX: failed February 13, 1968
Lorenzo State Bank in Lorenzo, Texas, failed on February 13, 1968. It held $6.2 million in assets and $5.6 million in deposits at its last report. By assets it was the 2nd largest of 3 banks closed or assisted in 1968.
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The FDIC's record
- Closed
- February 13, 1968
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $6,159,000
- Total deposits
- $5,612,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Texas, 1966 to 1970
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The First State Bank | Aransas Pass | September 5, 1969 | $11.4 million | $10.5 million | ||
| The Big Lake State Bank | Big Lake | August 22, 1969 | $4.8 million | $4.4 million | ||
| The State National Bank | Lovelady | May 28, 1969 | $4.1 million | $3.8 million | ||
| The First State Bank | Dodson | May 12, 1969 | $1.1 million | $1.1 million | ||
| Citizens State Bank | Alvarado | April 12, 1969 | $2.6 million | $2.3 million | ||
| Sacul State Bank | Sacul | June 23, 1967 | $762,000 | $724,000 | ||
| First State Bank of Tuscola | Tuscola | October 17, 1966 | $3.3 million | $3.1 million | ||
| Blanket State Bank | Blanket | January 31, 1966 | $1.3 million | $1.2 million |
All bank failures in 1968 · 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.