# BANK OF BRAZORIA

> **Failed bank** · BRAZORIA, TX · failed 1987-07-02 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $4M

## What happened

BANK OF BRAZORIA of BRAZORIA, TX was closed by regulators on **1987-07-02**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **MOULTON STATE BANK** (MOULTON, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1463
- **FDIC Certificate:** 18279
- **FDIC FIN:** 2705
- **Bank name:** BANK OF BRAZORIA
- **Location:** BRAZORIA, TX
- **Failure date:** 1987-07-02
- **FDIC resolution date:** 1987-07-02
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $24M
- **Assets at failure:** $24M
- **Acquiring bank:** MOULTON STATE BANK (MOULTON, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BANK%20OF%20BRAZORIA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANK OF BRAZORIA (FDIC ID 1463), failed 1987-07-02. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1463.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*