# LIBERTY COUNTY FS & LA

> **Failed bank** · LIBERTY, TX · failed 1989-03-09 · SL · FDIC cost $16M

## What happened

LIBERTY COUNTY FS & LA of LIBERTY, TX was closed by state regulators on **1989-03-09**. The FDIC was named receiver.

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

Deposits were transferred to **BAYSHORE NB** (LA PORTE, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2185
- **FDIC Certificate:** 29204
- **FDIC FIN:** 7354
- **Bank name:** LIBERTY COUNTY FS & LA
- **Location:** LIBERTY, TX
- **Failure date:** 1989-03-09
- **FDIC resolution date:** 1991-07-19
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $16M
- **Deposits at failure:** $46M
- **Assets at failure:** $44M
- **Acquiring bank:** BAYSHORE NB (LA PORTE, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=LIBERTY%20COUNTY%20FS%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LIBERTY COUNTY FS & LA (FDIC ID 2185), failed 1989-03-09. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2185.

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