# LINCOLN NATIONAL BANK

> **Failed bank** · ARLINGTON, TX · failed 1988-05-05 · National commercial bank (OCC-chartered) · FDIC cost $4M

## What happened

LINCOLN NATIONAL BANK of ARLINGTON, TX was closed by the OCC on **1988-05-05**. The FDIC was named receiver.

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

Deposits were transferred to **TARRANT BANK** (FORT WORTH, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1741
- **FDIC Certificate:** 24999
- **FDIC FIN:** 2812
- **Bank name:** LINCOLN NATIONAL BANK
- **Location:** ARLINGTON, TX
- **Failure date:** 1988-05-05
- **FDIC resolution date:** 1988-05-05
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $12M
- **Assets at failure:** $13M
- **Acquiring bank:** TARRANT BANK (FORT WORTH, TX)

## Other banks TARRANT BANK has acquired in FDIC resolutions

- RIVER PLAZA NATIONAL BANK (FORTH WORTH, TX) — failed 1988-06-02 — /failed-bank/1767

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LINCOLN NATIONAL BANK (FDIC ID 1741), failed 1988-05-05. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/1741.

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