Data / Bank failures / 1956 / River Oaks State Bank
River Oaks State Bank, Forth Worth, TX: failed October 15, 1956
River Oaks State Bank in Forth Worth, Texas, failed on October 15, 1956. It held $5.2 million in assets and $4.7 million in deposits at its last report. By assets it was the 2nd largest of 2 banks closed or assisted in 1956.
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The FDIC's record
- Closed
- October 15, 1956
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $5,202,000
- Total deposits
- $4,703,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Texas, 1954 to 1958
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Peoples State Bank | Richland Springs | May 5, 1958 | $618,000 | $574,000 | ||
| First State Bank of Yorktown | Yorktown | April 10, 1957 | $1.3 million | $1.2 million | ||
| First National Bank of Lewisville | Lewisville | January 27, 1955 | $721,000 | $892,000 |
All bank failures in 1956 · 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.