# DRIPPING SPRINGS NATIONAL BANK

> **Failed bank** · DRIPPING SPRINGS, TX · failed 1991-07-12 · National commercial bank (OCC-chartered) · FDIC cost $4M

## What happened

DRIPPING SPRINGS NATIONAL BANK of DRIPPING SPRINGS, TX was closed by the OCC on **1991-07-12**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 3137
- **FDIC Certificate:** 23882
- **FDIC FIN:** 4372
- **Bank name:** DRIPPING SPRINGS NATIONAL BANK
- **Location:** DRIPPING SPRINGS, TX
- **Failure date:** 1991-07-12
- **FDIC resolution date:** 1991-07-12
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $21M
- **Assets at failure:** $20M
- **Acquiring bank:** TEXAS BANK (ODESSA, TX)

## Other banks TEXAS BANK has acquired in FDIC resolutions

- FIRST STATE BANK (BANGS, TX) — failed 1992-01-23 — /failed-bank/3258
- SOUTHWEST NATIONAL BANK (AUSTIN, TX) — failed 1990-06-28 — /failed-bank/2827
- CITIZENS NATIONAL BANK (DENTON, TX) — failed 1990-03-08 — /failed-bank/2690
- THE EARLY BANK (EARLY, TX) — failed 1985-10-18 — /failed-bank/1088

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, DRIPPING SPRINGS NATIONAL BANK (FDIC ID 3137), failed 1991-07-12. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3137.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*