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243:, Texas in general and Republic's loan portfolio in particular were hit hard by real estate devaluation. In efforts to remain solvent, RepublicBank Corporation in 1987 merged with InterFirst Bank Corporation, also based in Dallas, creating First RepublicBank Corporation. However, First Republic was unable to weather the downturn. In March, the
232:, and invested in several other Texas banks during the banking crisis of 1933. In 1938 the name changed again back to Republic National Bank of Dallas. By 1948 Republic had grown to become the largest bank in Texas. In the 1970s, toward the tail end of a lengthy period of expansion and acquisition, Republic acquired the
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When the company began servicing farm and ranch loans, it was required to establish a Texas subsidiary, Republic Trust and
Savings Bank, to comply with regulations governing national banks at the time. In 1928 the regulations changed, allowing the state-chartered Republic Trust and Savings Bank to be
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in 1920, in 1922 it assumed the name
Republic National Bank of Dallas. Afterwards the bank acquired several banks and invested in others, and changed its name several times. By 1948 Republic had grown to become the largest bank in Texas. The bank failed in 1988, during the
263:. First Republic failed on July 29, 1988; later that day, the FDIC awarded the remains of First Republic to NCNB. The deal doubled NCNB's assets and vaulted it from the 17th-largest bank in the country to the 10th-largest in one stroke.
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This article is about the defunct bank based in Dallas, Texas. For the failed bank that was based in San
Francisco, California, see
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in 1988. As a result of a series of mergers over the next two decades, most of what was once First
Republic is now part of
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merged back into the parent company, forming the
Republic National Bank and Trust Company.
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put in bids, the FDIC ultimately accepted a less costly bid from a far smaller bank from
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The company first opened as the
Guaranty Bank and Trust Company in 1920, founded by a
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pumped $ 1 billion into First
Republic and sought a buyer for the ailing bank. While
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and held a substantial portfolio of loans to the real estate industry in Texas.
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law school alumnus named Eugene DeBogory. In 1922 when
Guaranty obtained a
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American
Security and Trust Company Building (Washington, D.C.)
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it assumed the name
Republic National Bank of Dallas.
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List of companies in the Dallas–Fort Worth metroplex
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60:. Unsourced material may be challenged and removed.
358:Managing the Crisis: The FDIC and RTC Experience.
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342:NCNB'S Aggressive Bid To Win First RepublicBank
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760:Bank of America Corporate Center (Charlotte)
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541:Farmers and Merchants Bank of Los Angeles
367:Chapter 6. First RepublicBank Corporation
228:During the next decade Republic acquired
120:Learn how and when to remove this message
356:Federal Deposit Insurance Corporation.
149:1920 as Guaranty Bank and Trust Company
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690:555 California Street (San Francisco)
516:Citizens & Southern National Bank
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58:adding citations to reliable sources
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944:Defunct banks of the United States
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621:Provident Institution for Savings
69:"First Republic Bank Corporation"
23:. For the Philadelphia bank, see
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551:First Republic Bank Corporation
496:Benj. Franklin Savings and Loan
190:Guaranty Bank and Trust Company
182:First Republic Bank Corporation
133:First Republic Bank Corporation
45:needs additional citations for
949:Defunct banks of New York City
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318:Handbook of Texas Online, s.v.
273:Bank of America Plaza (Dallas)
184:was an American bank based in
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606:National Westminster Bank USA
576:Gibraltar Savings Association
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934:Bank of America legacy banks
616:North Carolina National Bank
561:Fourth Financial Corporation
463:Bank of America, Los Angeles
421:Bank of America Private Bank
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591:MBNA/Maryland National Bank
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10:
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571:Gibraltar Savings and Loan
458:Banc of America Securities
416:Bank of America Home Loans
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929:Banks established in 1920
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257:Charlotte, North Carolina
230:North Texas National Bank
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835:Hearst Tower (Charlotte)
669:Western Savings and Loan
586:Mercury Asset Management
521:Commercial National Bank
939:Savings and loan crisis
729:Bank of America Center
241:Savings and Loan crisis
195:savings and loan crisis
804:Bank of America Tower
764:Bank of America Plaza
596:Michigan National Bank
566:G. H. Walker & Co.
536:E. A. Pierce & Co.
511:Central Bank and Trust
25:Republic First Bancorp
649:Standard Federal Bank
641:Security Pacific Bank
601:Montgomery Securities
531:Countrywide Financial
506:Cassatt & Company
234:Houston National Bank
197:. It was acquired by
924:Banks based in Texas
674:White Weld & Co.
526:Continental Illinois
501:Boatmen's Bancshares
54:improve this article
695:701 Brickell Avenue
478:Bank of New England
215:University of Texas
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21:First Republic Bank
631:Robertson Stephens
363:2017-01-26 at the
239:In the late 1980s
188:. Founded as the
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283:List of banks
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71: –
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65:Find sources:
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43:This article
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845:Museum Tower
808:Jacksonville
645:Shawmut Bank
581:LaSalle Bank
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488:Barnett Bank
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327:, retrieved
323:the original
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162:Headquarters
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110:October 2008
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52:Please help
47:verification
44:
840:Miami Tower
743:Los Angeles
654:Sovran Bank
611:NationsBank
449:Historical
253:Wells Fargo
16:Former bank
918:Categories
854:Executives
556:Fleet Bank
483:BankBoston
451:components
329:2007-08-20
289:References
80:newspapers
866:Ken Lewis
813:Manhattan
793:St. Louis
773:Charlotte
733:Baltimore
713:Baltimore
683:Buildings
664:Suretrade
409:Divisions
890:Category
361:Archived
267:See also
249:Citicorp
138:Industry
902:Commons
818:Phoenix
778:Chicago
768:Atlanta
748:Norfolk
738:Houston
723:Oakland
718:Midland
492:Baybank
431:Merrill
209:History
154:Founder
146:Founded
141:Banking
94:scholar
783:Dallas
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798:Tampa
753:Tulsa
186:Texas
101:JSTOR
87:books
251:and
245:FDIC
73:news
56:by
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98:·
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