# FIRST BANK & TRUST CO.

> **Failed bank** · BOOKER, TX · failed 1986-12-18 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $36M

## What happened

FIRST BANK & TRUST CO. of BOOKER, TX was closed by regulators on **1986-12-18**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

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


## Key facts

- **FDIC ID:** 1324
- **FDIC Certificate:** 12294
- **FDIC FIN:** 6782
- **Bank name:** FIRST BANK & TRUST CO.
- **Location:** BOOKER, TX
- **Failure date:** 1986-12-18
- **FDIC resolution date:** 1986-12-18
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $36M
- **Deposits at failure:** $85M
- **Assets at failure:** $95M
- **Acquiring bank:** FIRST NB OF PERRYTON (PERRYTON, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20BANK%20%26%20TRUST%20CO.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST BANK & TRUST CO. (FDIC ID 1324), failed 1986-12-18. Retrieved via AI Analytics 2026-07-05 from https://api.ai-analytics.org/failed-bank/1324.

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