# AMERICAN NATIONAL BANK

> **Failed bank** · STAFFORD, TX · failed 1988-02-25 · National commercial bank (OCC-chartered) · FDIC cost $9M

## What happened

AMERICAN NATIONAL BANK of STAFFORD, TX was closed by the OCC on **1988-02-25**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 1632
- **FDIC Certificate:** 23972
- **FDIC FIN:** 2790
- **Bank name:** AMERICAN NATIONAL BANK
- **Location:** STAFFORD, TX
- **Failure date:** 1988-02-25
- **FDIC resolution date:** 1988-02-25
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $9M
- **Deposits at failure:** $30M
- **Assets at failure:** $31M
- **Acquiring bank:** PARK NB OF HOUSTON (HOUSTON, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN NATIONAL BANK (FDIC ID 1632), failed 1988-02-25. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/1632.

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