Data / Bank failures / 2010 / The La Coste National Bank
The La Coste National Bank, La Coste, TX: failed February 19, 2010
The La Coste National Bank in La Coste, Texas, failed on February 19, 2010. Community National Bank of Hondo, TX, took over its deposits. It held $53.9 million in assets and $49.3 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $5.7 million (10.6% of its assets). By assets it was the 141st largest of 157 banks closed or assisted in 2010.
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The FDIC's record
- Closed
- February 19, 2010
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Community National Bank, Hondo, TX
- Total assets
- $53,936,000
- Total deposits
- $49,275,000
- Estimated cost to the FDIC
- $5,709,015 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- DIF
- FDIC certificate
- 3287
Other bank failures in Texas, 2008 to 2012
| 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 |
| 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 |
| Guaranty Bank | Austin | August 21, 2009 | $13.46 billion | $11.98 billion | Compass Bank | |
| 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 |
Other failed banks Community National Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Oak Hill National Bank | Travis County | TX | January 12, 1989 | $18.2 million | $18.2 million | $5.5 million | Community National Bank |
| Century National Bank | Austin | TX | June 16, 1988 | $54 million | $56.1 million | $13.8 million | Community National Bank |
| Heritage National Bank | Austin | TX | December 10, 1987 | $53.2 million | $51 million | $19.5 million | Community National Bank |
All bank failures in 2010 · All bank failures in Texas · Every failed bank Community National Bank took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.