# CITIZENS STATE BANK

> **Failed bank** · EARTH, TX · failed 1989-01-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $4M

## What happened

CITIZENS STATE BANK of EARTH, TX was closed by regulators on **1989-01-26**. The FDIC was named receiver.

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

Deposits were transferred to **THE FIRST STATE BANK OF DIM** (DIMMIT, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2077
- **FDIC Certificate:** 17063
- **FDIC FIN:** 2962
- **Bank name:** CITIZENS STATE BANK
- **Location:** EARTH, TX
- **Failure date:** 1989-01-26
- **FDIC resolution date:** 1989-01-26
- **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:** $4M
- **Deposits at failure:** $15M
- **Assets at failure:** $16M
- **Acquiring bank:** THE FIRST STATE BANK OF DIM (DIMMIT, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CITIZENS STATE BANK (FDIC ID 2077), failed 1989-01-26. Retrieved via AI Analytics 2026-07-10 from https://api.ai-analytics.org/failed-bank/2077.

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