# CENTRE NATIONAL BANK-FARMERS BRANCH

> **Failed bank** · FARMERS BRANCH, TX · failed 1990-06-21 · National commercial bank (OCC-chartered) · FDIC cost $5M

## What happened

CENTRE NATIONAL BANK-FARMERS BRANCH of FARMERS BRANCH, TX was closed by the OCC on **1990-06-21**. The FDIC was named receiver.

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

Deposits were transferred to **HIBERNIA NATIONAL BANK IN T** (PFLUGERVILLE, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2822
- **FDIC Certificate:** 25089
- **FDIC FIN:** 4236
- **Bank name:** CENTRE NATIONAL BANK-FARMERS BRANCH
- **Location:** FARMERS BRANCH, TX
- **Failure date:** 1990-06-21
- **FDIC resolution date:** 1990-06-21
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $39M
- **Assets at failure:** $40M
- **Acquiring bank:** HIBERNIA NATIONAL BANK IN T (PFLUGERVILLE, TX)

## Other banks HIBERNIA NATIONAL BANK IN T has acquired in FDIC resolutions

- ALLIANCE BANK, NATIONAL ASSOCIATION (AUSTIN, TX) — failed 1990-06-14 — /failed-bank/2812
- RICHMARK BANK (HOUSTON, TX) — failed 1990-06-07 — /failed-bank/2801
- FIRST NATIONAL BANK OF DESOTO (DESOTO, TX) — failed 1990-05-10 — /failed-bank/2759
- FIRST NATIONAL BANK, NORTHEAST (AUSTIN, TX) — failed 1990-05-03 — /failed-bank/2747
- SEARCH NATIONAL BANK (DALLAS, TX) — failed 1990-03-01 — /failed-bank/2682
- BANCTEXAS DALLAS, N.A. (DALLAS, TX) — failed 1990-01-26 — /failed-bank/2627
- WESTHEIMER MEMORIAL BANK, NA (HOUSTON, TX) — failed 1989-12-07 — /failed-bank/2577
- FIRST NATIONAL BANK OF FRISCO (FRISCO, TX) — failed 1989-12-07 — /failed-bank/2576
- GREATER TEXAS BANK NORTH, NA (AUSTIN, TX) — failed 1989-11-30 — /failed-bank/2563
- EXECUTIVE NATIONAL BANK (SAN ANTONIO, TX) — failed 1989-11-16 — /failed-bank/2556

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CENTRE NATIONAL BANK-FARMERS BRANCH (FDIC ID 2822), failed 1990-06-21. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2822.

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