Closed Friday, May 31, 2019 · Cooper, Delta County, Texas
The Enloe State Bank
No bank in Texas had failed for five years, since Texas Community Bank, National Association closed in 2013. The estimated loss came to 50% of The Enloe State Bank's assets, one of the 30 highest ratios among the 583 failures since 2000. It was the second-largest of the 4 bank failures in 2019.
On the books, 2011 to 2019
Total assets were at their highest of these 32 quarters in the final report, for the first quarter of 2019. Equity capital went from 11% of assets in the second quarter of 2011 to 9.2% at the last report. Every reporting year on this chart closed with a net profit.* 2019: January to March only, the last report before closing.
Size against the other 2019 failures
Total assets of each 2019 failure, log scale; The Enloe State Bank in red.
Within Texas it ranks 381st by size of the 738 failures recorded since 1934. Across the failures of 2019, the median estimated loss came to 11% of assets. In the size ranking of that year, just above it was City National Bank of New Jersey of Newark, New Jersey ($121 million, loss 1.0% of assets); just below, Louisa Community Bank of Louisa, Kentucky ($28.2 million, loss 15% of assets). Every 2019 failure in the explorer.
Failures in Texas
The next was The Santa Anna National Bank of Santa Anna, on June 27, 2025. No other failed bank in the FDIC's records was based in Delta County.