# FARMERS STATE BANK

> **Failed bank** · LUEDERS, TX · failed 1986-12-19 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

FARMERS STATE BANK of LUEDERS, TX was closed by regulators on **1986-12-19**. The FDIC was named receiver.

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

Deposits were transferred to **FARMERS&MERCHANTS NB MER** (MERKEL, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1328
- **FDIC Certificate:** 11936
- **FDIC FIN:** 2627
- **Bank name:** FARMERS STATE BANK
- **Location:** LUEDERS, TX
- **Failure date:** 1986-12-19
- **FDIC resolution date:** 1986-12-19
- **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:** $9M
- **Assets at failure:** $10M
- **Acquiring bank:** FARMERS&MERCHANTS NB MER (MERKEL, TX)

## Other banks FARMERS&MERCHANTS NB MER has acquired in FDIC resolutions

- HOME STATE BANK (TRENT, TX) — failed 1988-04-07 — /failed-bank/1659

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FARMERS STATE BANK (FDIC ID 1328), failed 1986-12-19. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1328.

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