# FIRST NATIONAL BANK OF BORGER

> **Failed bank** · BORGER, TX · failed 1986-06-19 · National commercial bank (OCC-chartered) · FDIC cost $29M

## What happened

FIRST NATIONAL BANK OF BORGER of BORGER, TX was closed by the OCC on **1986-06-19**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST NB OF BORGER** (BORGER, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1214
- **FDIC Certificate:** 16683
- **FDIC FIN:** 2568
- **Bank name:** FIRST NATIONAL BANK OF BORGER
- **Location:** BORGER, TX
- **Failure date:** 1986-06-19
- **FDIC resolution date:** 1986-06-19
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $29M
- **Deposits at failure:** $75M
- **Assets at failure:** $80M
- **Acquiring bank:** FIRST NB OF BORGER (BORGER, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20NATIONAL%20BANK%20OF%20BORGER

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK OF BORGER (FDIC ID 1214), failed 1986-06-19. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/1214.

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