# METRO BANK

> **Failed bank** · MIDLAND, TX · failed 1983-07-29 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $13M

## What happened

METRO BANK of MIDLAND, TX was closed by regulators on **1983-07-29**. The FDIC was named receiver.

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

Deposits were transferred to **MID-CITIES NATIONAL BANK** (MIDLAND, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 803
- **FDIC Certificate:** 22765
- **FDIC FIN:** 2356
- **Bank name:** METRO BANK
- **Location:** MIDLAND, TX
- **Failure date:** 1983-07-29
- **FDIC resolution date:** 1983-07-29
- **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:** $13M
- **Deposits at failure:** $31M
- **Assets at failure:** $34M
- **Acquiring bank:** MID-CITIES NATIONAL BANK (MIDLAND, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, METRO BANK (FDIC ID 803), failed 1983-07-29. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/803.

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