# FIRST AMERICAN BANK

> **Failed bank** · SAN ANTONIO, TX · failed 1989-06-08 · State commercial bank, Federal Reserve member · FDIC cost $3M

## What happened

FIRST AMERICAN BANK of SAN ANTONIO, TX was closed by state regulators on **1989-06-08**. The FDIC was named receiver.

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

Deposits were transferred to **JOURDANTON STATE BANK** (JOURDANTON, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2383
- **FDIC Certificate:** 26547
- **FDIC FIN:** 5971
- **Bank name:** FIRST AMERICAN BANK
- **Location:** SAN ANTONIO, TX
- **Failure date:** 1989-06-08
- **FDIC resolution date:** 1989-06-08
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $14M
- **Assets at failure:** $13M
- **Acquiring bank:** JOURDANTON STATE BANK (JOURDANTON, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST AMERICAN BANK (FDIC ID 2383), failed 1989-06-08. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2383.

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