# FIRST AMERICAN BANK & TRUST OF BAYTOWN

> **Failed bank** · BAYTOWN, TX · failed 1988-03-10 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $16M

## What happened

FIRST AMERICAN BANK & TRUST OF BAYTOWN of BAYTOWN, TX was closed by regulators on **1988-03-10**. The FDIC was named receiver.

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

Deposits were transferred to **CITIZENS B&T CO BAYTOWN** (BAYTOWN, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1639
- **FDIC Certificate:** 14241
- **FDIC FIN:** 2793
- **Bank name:** FIRST AMERICAN BANK & TRUST OF BAYTOWN
- **Location:** BAYTOWN, TX
- **Failure date:** 1988-03-10
- **FDIC resolution date:** 1988-03-10
- **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:** $16M
- **Deposits at failure:** $41M
- **Assets at failure:** $38M
- **Acquiring bank:** CITIZENS B&T CO BAYTOWN (BAYTOWN, TX)

## Other banks CITIZENS B&T CO BAYTOWN has acquired in FDIC resolutions

- LONE STAR BANK (HARRIS COUNTY (BAYTO, TX) — failed 1988-05-26 — /failed-bank/1759

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20AMERICAN%20BANK%20%26%20TRUST%20OF%20BAYTOWN

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST AMERICAN BANK & TRUST OF BAYTOWN (FDIC ID 1639), failed 1988-03-10. Retrieved via AI Analytics 2026-09-06 from https://api.ai-analytics.org/failed-bank/1639.

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