# BAY CITY BANK & TRUST CO.

> **Failed bank** · BAY CITY, TX · failed 1990-08-30 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $22M

## What happened

BAY CITY BANK & TRUST CO. of BAY CITY, TX was closed by regulators on **1990-08-30**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **FIRST STATE BANK AND TRUST** (PORT LAVACA, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2883
- **FDIC Certificate:** 10350
- **FDIC FIN:** 4267
- **Bank name:** BAY CITY BANK & TRUST CO.
- **Location:** BAY CITY, TX
- **Failure date:** 1990-08-30
- **FDIC resolution date:** 1990-08-30
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $22M
- **Deposits at failure:** $83M
- **Assets at failure:** $80M
- **Acquiring bank:** FIRST STATE BANK AND TRUST (PORT LAVACA, TX)

## Other banks FIRST STATE BANK AND TRUST has acquired in FDIC resolutions

- CITY NATIONAL BANK OF SAYRE (SAYRE, OK) — failed 1989-12-13 — /failed-bank/2586

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BAY%20CITY%20BANK%20%26%20TRUST%20CO.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BAY CITY BANK & TRUST CO. (FDIC ID 2883), failed 1990-08-30. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2883.

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