State Banking Snapshot of the Week · Week of Nov 10, 2026
State Banking Snapshot: Texas — 345 FDIC-Insured Banks and $1.50 Trillion in Deposits
Texas packs an outsize share of the country's banking system into one state. As of the FDIC BankFind data published November 6, 2026, 345 active FDIC-insured banks are headquartered here — 8.2% of the 4,212 insured institutions in the United States — with $792.5 billion in combined assets. FDIC location records list 6,409 offices in Texas, also about 8.2% of the national total of 78,011.
The largest bank headquartered in Texas is not a familiar Main Street name. Charles Schwab Bank, SSB, based in Westlake, reports $250.8 billion in assets and a single FDIC-listed office. In the FDIC's June 30, 2025 Summary of Deposits it booked $209.5 billion of deposits in Texas, almost entirely at that main office — a pattern typical of a bank that gathers deposits nationally rather than through a branch network.
By deposits booked at offices inside the state, JPMorgan Chase ranks first, at $296.1 billion across 481 Texas offices, even though its charter is in Ohio. Among Texas-based banks with a traditional branch network, Frost Bank of San Antonio and Prosperity Bank of El Campo lead. And the oldest still-active Texas-headquartered bank, by the FDIC's established date, is Citizens National Bank of Texas in Waxahachie, open since July 1, 1868.
At a glance
Institution and office counts as of the FDIC BankFind files dated November 6, 2026. In-state deposits are from the FDIC Summary of Deposits as of June 30, 2025.
| FDIC-insured banks headquartered here | 345 of 4,212 nationwide |
|---|---|
| Offices in the state | 6,409 of 78,011 nationwide |
| Banks with at least one in-state office | 457 |
| Combined assets of in-state headquarters | $792.5 billion |
| Deposits booked in Texas (SOD 2025) | $1.50 trillion |
| Community banks (FDIC designation) | 311 of 345 headquarters (90.1% of the count; 14.3% of in-state deposits) |
| Oldest still-active bank (FDIC established date) | Citizens National Bank of Texas, Waxahachie, July 1, 1868 |
FDIC Summary of Deposits, June 30, 2025. Amounts are deposits at offices in Texas, not nationwide totals.
Largest banks by deposits booked in Texas
The FDIC's annual Summary of Deposits measures deposits at each office, as of June 30. This ranking includes banks headquartered in other states. Deposits gathered nationally and booked at a single main office can rank a bank highly even if it has almost no branch network in Texas — that is why a one-office bank can appear near the top.
| Bank | Charter state | Texas deposits | Texas offices (SOD) |
|---|---|---|---|
| JPMorgan Chase Bank, National Association | Ohio | $296.1B | 481 |
| Charles Schwab Bank, SSB | Texas | $209.5B | 1 |
| Bank of America, National Association | North Carolina | $182.3B | 320 |
| USAA Federal Savings Bank | Arizona | $92.77B | 1 |
| Wells Fargo Bank, National Association | South Dakota | $82.07B | 463 |
| Frost Bank | Texas | $42.17B | 213 |
| Citibank, National Association | South Dakota | $31.13B | 2 |
| PNC Bank, National Association | Delaware | $28.82B | 315 |
| Texas Capital Bank | Texas | $26.53B | 10 |
| Prosperity Bank | Texas | $26.34B | 296 |
Source: FDIC Summary of Deposits as of June 30, 2025, 6,218 Texas offices and 466 banks, totaling $1.50 trillion in deposits. Community banks, as designated by the FDIC, accounted for 14.3% of those deposits ($214.5 billion) across 365 of the 466 banks.
Largest banks headquartered in Texas
These are banks whose FDIC headquarters is in Texas, ranked by total assets (nationwide, not just in-state). A large national or brokerage bank can appear here if its charter is in the state, even with few local branches.
| Bank | Headquarters | Assets | Deposits | Offices |
|---|---|---|---|---|
| Charles Schwab Bank, SSB | Westlake | $250.8B | $225.2B | 1 |
| Frost Bank | San Antonio | $53.95B | $43.67B | 224 |
| Prosperity Bank | El Campo | $43.88B | $32.93B | 406 |
| Texas Capital Bank | Dallas | $33.62B | $29.38B | 10 |
| Charles Schwab Premier Bank, SSB | Westlake | $26.58B | $24.46B | 1 |
| Sunflower Bank, National Association | Dallas | $15.65B | $13.48B | 103 |
| First Financial Bank | Abilene | $15.23B | $13.30B | 84 |
| NexBank | Dallas | $14.16B | $11.05B | 2 |
Assets, deposits, and office counts are institution-wide figures from FDIC BankFind as of November 6, 2026. Dollar amounts are as reported on the latest call report in that file.
FDIC BankFind locations, November 6, 2026. Includes all office types.
Cities in Texas with the most bank offices
Houston (610) · Dallas (374) · San Antonio (268) · Austin (228) · Fort Worth (193) · Lubbock (101) · Plano (100) · El Paso (81) · Katy (67) · Corpus Christi (67) · Frisco (67) · Tyler (64) · Arlington (62) · Mcallen (61) · Sugar Land (59)
Office counts are from FDIC BankFind location records dated November 6, 2026 and include full-service branches plus limited-service facilities such as drive-throughs and loan-production offices. Of the 6,409 offices, 5,522 are full-service brick-and-mortar branches and 547 are full-service retail offices (typically inside a store). Browse the full directory on our Texas bank page.
The oldest still-active bank
Citizens National Bank of Texas in Waxahachie has the earliest established date among active FDIC-insured banks headquartered in Texas: July 1, 1868. FDIC BankFind lists 12 offices and $2.19 billion in assets (Certificate #5574). A bank's public founding story can predate the date on its current charter; we report the official FDIC established date.
What changed in the past 12 months
From November 10, 2025 through November 10, 2026, the FDIC History API recorded 151 branch openings and 105 branch closings at offices in Texas, along with 360 branches acquired in a merger or similar transaction and 43 changes in physical location.
New FDIC-insured institutions
- Houston Bank & Trust in Houston, established May 22, 2026, with $38.5 million in assets and $2.6 million in deposits on its earliest available call report. It is active and FDIC-insured (Certificate #59360).
Mergers involving a Texas bank
The FDIC recorded 11 unassisted or affiliated mergers in this window in which the surviving or acquired bank was tied to Texas. Asset figures for the acquired bank are the last amounts reported in FDIC BankFind, not a purchase price.
- November 4, 2025: Texas National Bank of Mcallen acquired Citizens State Bank of Roma (last reported assets $78.8 million). Unassisted merger.
- January 1, 2026: Prosperity Bank of El Campo acquired American Bank, National Association of Corpus Christi (last reported assets $2.51 billion). Unassisted merger.
- January 23, 2026: Maverick Bank of Fort Davis acquired Tejas Bank of Monahans (last reported assets $238.6 million). Unassisted merger.
- February 1, 2026: Third Coast Bank of Humble acquired Keystone Bank, SSB of Austin (last reported assets $1.02 billion). Unassisted merger.
- February 2, 2026: Prosperity Bank of El Campo acquired Texas Partners Bank of San Antonio (last reported assets $2.43 billion). Affiliated merger (pooling).
- March 1, 2026: Cornerstone Capital Bank, SSB of Houston acquired Peoples Bank of Lubbock (last reported assets $1.16 billion). Unassisted merger.
- April 1, 2026: Sunflower Bank, National Association of Dallas acquired First Foundation Bank of Irvine, CA (last reported assets $11.34 billion). Unassisted merger.
- April 1, 2026: City Bank of Lubbock acquired Bank of Houston of Houston (last reported assets $685.6 million). Unassisted merger.
- July 1, 2026: Prosperity Bank of El Campo acquired Stellar Bank of Houston (last reported assets $10.40 billion). Unassisted merger.
- July 1, 2026: Texas National Bank of Mcallen acquired Zapata National Bank of Zapata (last reported assets $92.6 million). Unassisted merger.
- August 1, 2026: The First National Bank of Bastrop of Bastrop acquired The First State Bank of Columbus (last reported assets $154.6 million). Unassisted merger.
Source: FDIC History API, processed dates 2025-11-10 through 2026-11-10, filtered to Texas offices and institutions. Change-type labels are the FDIC's.
Bank failures in Texas
The FDIC's historical failures file lists 911 failed banks with a Texas location, as of the file dated August 25, 2026. 850 of those failures (93.3%) occurred in the 1980s and 1990s. Historical failure counts are not a measure of current safety at today's insured banks.
The most recent is Santa Anna National Bank of Santa Anna, Tx, which failed on June 27, 2025, with $71.4 million in deposits and $76.9 million in assets in the FDIC record. The record lists Coleman County State Bank of Coleman, TX as the assuming institution.
Source: FDIC Failures API, Texas records, file dated August 25, 2026.
Frequently asked questions
How many FDIC-insured banks are headquartered in Texas?
As of the FDIC BankFind institutions file dated November 6, 2026, 345 active FDIC-insured institutions are headquartered in Texas. That is a head-office count: banks based elsewhere may still operate branches in the state. FDIC location records from the same date show 457 distinct insured banks with at least one Texas office.
Which bank has the most deposits in Texas?
In the FDIC Summary of Deposits as of June 30, 2025, JPMorgan Chase Bank, N.A. (FDIC Certificate #628) held the most deposits booked at offices in Texas: $296.1 billion across 481 offices. These are Texas office deposits, not the bank's nationwide total. Charles Schwab Bank, SSB, which is headquartered in Westlake, Texas, was second, at $209.5 billion, booked almost entirely at a single office.
What is the oldest still-active bank in Texas?
Among active FDIC-insured banks headquartered in Texas, Citizens National Bank of Texas in Waxahachie has the earliest established date in FDIC BankFind: July 1, 1868 (Certificate #5574). A bank's public founding story can predate the date on its current charter; we report the official FDIC established date.
Do all banks with branches in Texas have their headquarters there?
No. 345 insured banks are headquartered in Texas, but 457 distinct banks have at least one office in the state. Large national banks such as JPMorgan Chase, Bank of America, and Wells Fargo keep their charters in other states while operating sizable Texas branch networks.
Sources
- FDIC BankFind institutions API: active banks headquartered in Texas
- FDIC BankFind locations API: offices in Texas
- FDIC Summary of Deposits, 2025 (as of June 30, 2025)
- FDIC History API, structure changes 2025-11-10 to 2026-11-10
- FDIC Failed Bank List / Failures API: Texas
- FDIC BankFind Suite (institution details)
- FDIC Summary of Deposits (survey overview)
- FDIC BankFind: Citizens National Bank of Texas (Cert 5574)
- FDIC BankFind: Houston Bank & Trust (Cert 59360)
- FDIC BankFind: Charles Schwab Bank, SSB (Cert 57450)
- FDIC BankFind: JPMorgan Chase Bank, N.A. (Cert 628)
- FDIC BankFind: Frost Bank (Cert 5510)
- FDIC Failed Bank List
Figures as of Nov 10, 2026, from the FDIC dated files cited above. BankNearMe.com is independent and is not affiliated with or endorsed by any bank, the FDIC, or any government agency. This snapshot is an editorial data feature, not an endorsement or financial advice. Confirm current details on FDIC BankFind or with the bank. Next week we will publish another state's snapshot. See the full series or the Texas bank directory.