The Graveyard › Banks › 1971
Sharpstown State Bank
Houston, TX · failed January 25, 1971 · FDIC certificate 18254
Sharpstown State Bank of Houston, TX failed on January 25, 1971. It opened on January 21, 1960, 11 years before. At its last report before that it held $78.9 million in assets and $66.8 million in deposits. The FDIC's list gives no estimate of the loss: the FDIC says its figures are not complete for its own cases before 1986 or for FSLIC cases from 1934 to 1988.
Assets at the end$78.9 millionlast report before January 25, 1971
Deposits at the end$66.8 million
Estimated loss to the fundnot givenFDIC
Also ended in 1971
- Birmingham Bloomfield Bank · Birmingham, MI · $109.7 million in assets
- First Community State Bank of Savannah · Savannah · $3.7 million in assets
- Farmers State Bank of Carlock · Carlock, IL · $2.2 million in assets
- The First National Bank of Cripple Creek · Cripple Creek, CO · $1.3 million in assets
- Bank of Salem · Salem, NE · $679,000 in assets
- Unity Bank & Trust Company · Boston (Roxbury) · assisted
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.