# THE EARLY BANK

> **Failed bank** · EARLY, TX · failed 1985-10-18 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

THE EARLY BANK of EARLY, TX was closed by regulators on **1985-10-18**. The FDIC was named receiver.

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

Deposits were transferred to **TEXAS BANK** (BROWNWOOD, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1088
- **FDIC Certificate:** 23024
- **FDIC FIN:** 2507
- **Bank name:** THE EARLY BANK
- **Location:** EARLY, TX
- **Failure date:** 1985-10-18
- **FDIC resolution date:** 1985-10-18
- **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:** $3M
- **Deposits at failure:** $15M
- **Assets at failure:** $16M
- **Acquiring bank:** TEXAS BANK (BROWNWOOD, TX)

## Other banks TEXAS BANK has acquired in FDIC resolutions

- FIRST STATE BANK (BANGS, TX) — failed 1992-01-23 — /failed-bank/3258
- DRIPPING SPRINGS NATIONAL BANK (DRIPPING SPRINGS, TX) — failed 1991-07-12 — /failed-bank/3137
- SOUTHWEST NATIONAL BANK (AUSTIN, TX) — failed 1990-06-28 — /failed-bank/2827
- CITIZENS NATIONAL BANK (DENTON, TX) — failed 1990-03-08 — /failed-bank/2690

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE EARLY BANK (FDIC ID 1088), failed 1985-10-18. Retrieved via AI Analytics 2026-07-14 from https://api.ai-analytics.org/failed-bank/1088.

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