# LEXINGTON STATE BANK

> **Failed bank** · LEXINGTON, TX · failed 1989-05-11 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

LEXINGTON STATE BANK of LEXINGTON, TX was closed by regulators on **1989-05-11**. The FDIC was named receiver.

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

Deposits were transferred to **CENTRAL BANK OF HOUSTON** (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2369
- **FDIC Certificate:** 11918
- **FDIC FIN:** 4015
- **Bank name:** LEXINGTON STATE BANK
- **Location:** LEXINGTON, TX
- **Failure date:** 1989-05-11
- **FDIC resolution date:** 1989-05-11
- **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:** $3M
- **Deposits at failure:** $14M
- **Assets at failure:** $14M
- **Acquiring bank:** CENTRAL BANK OF HOUSTON (HOUSTON, TX)

## Other banks CENTRAL BANK OF HOUSTON has acquired in FDIC resolutions

- LIBERTY BANK (HOUSTON, TX) — failed 1987-03-05 — /failed-bank/1378

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LEXINGTON STATE BANK (FDIC ID 2369), failed 1989-05-11. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/2369.

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