# FIRST STATE BANK OF TEXAS

> **Failed bank** · DUNCANVILLE, TX · failed 1989-01-26 · State commercial bank, Federal Reserve member · FDIC cost $5M

## What happened

FIRST STATE BANK OF TEXAS of DUNCANVILLE, TX was closed by state regulators on **1989-01-26**. The FDIC was named receiver.

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

Deposits were transferred to **FIDELITY NATIONAL BANK OF D** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2079
- **FDIC Certificate:** 26205
- **FDIC FIN:** 2961
- **Bank name:** FIRST STATE BANK OF TEXAS
- **Location:** DUNCANVILLE, TX
- **Failure date:** 1989-01-26
- **FDIC resolution date:** 1989-01-26
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $18M
- **Assets at failure:** $16M
- **Acquiring bank:** FIDELITY NATIONAL BANK OF D (DALLAS, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST STATE BANK OF TEXAS (FDIC ID 2079), failed 1989-01-26. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/2079.

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