Data / Bank failures / 1990 / Washington County State Bank
Washington County State Bank, Brenham, TX: failed December 13, 1990
Washington County State Bank in Brenham, Texas, failed on December 13, 1990. Channelview Bank of Channelview, TX, took over its deposits. It held $77.7 million in assets and $77.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $9.4 million (12.1% of its assets). By assets it was the 173rd largest of 382 banks closed or assisted in 1990.
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The FDIC's record
- Closed
- December 13, 1990
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Channelview Bank, Channelview, TX
- Total assets
- $77,722,000
- Total deposits
- $77,526,000
- Estimated cost to the FDIC
- $9,368,075 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- BIF
- FDIC certificate
- 11558
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 Channelview Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Union Bank | San Antonio | TX | October 31, 1991 | $84.9 million | $85.2 million | $8.9 million | Channelview Bank |
| Community Bank | New Caney | TX | March 22, 1990 | $42 million | $42.1 million | $7.5 million | Channelview Bank |
| Huffman Bank | Huffman | TX | February 15, 1990 | $22 million | $21.7 million | $2.8 million | Channelview Bank |
| Universal Sa | Houston | TX | March 9, 1989 | $142.1 million | $260.4 million | $290 million | Channelview Bank |
| Commercial State Bank | Houston | TX | January 12, 1989 | $49.2 million | $48.6 million | $4.8 million | Channelview Bank |
| Port City Bank | Houston | TX | January 28, 1988 | $60.7 million | $62.3 million | $13.2 million | Channelview Bank |
All bank failures in 1990 · All bank failures in Texas · Every failed bank Channelview Bank 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.