# FIRST NATIONAL BANK IN KAUFMAN

> **Failed bank** · KAUFMAN, TX · failed 1991-02-07 · National commercial bank (OCC-chartered) · FDIC cost $3M

## What happened

FIRST NATIONAL BANK IN KAUFMAN of KAUFMAN, TX was closed by the OCC on **1991-02-07**. The FDIC was named receiver.

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

Deposits were transferred to **THE FARMERS & MERCHANTS NAT** (KAUFMAN, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3011
- **FDIC Certificate:** 22080
- **FDIC FIN:** 4322
- **Bank name:** FIRST NATIONAL BANK IN KAUFMAN
- **Location:** KAUFMAN, TX
- **Failure date:** 1991-02-07
- **FDIC resolution date:** 1991-02-07
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $21M
- **Assets at failure:** $20M
- **Acquiring bank:** THE FARMERS & MERCHANTS NAT (KAUFMAN, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK IN KAUFMAN (FDIC ID 3011), failed 1991-02-07. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/3011.

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