# FIRST MEXIA BANK

> **Failed bank** · MEXIA, TX · failed 1991-08-22 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $4M

## What happened

FIRST MEXIA BANK of MEXIA, TX was closed by regulators on **1991-08-22**. The FDIC was named receiver.

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

Deposits were transferred to **THE EAST TEXAS NATIONAL BAN** (PALESTINE, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3167
- **FDIC Certificate:** 15379
- **FDIC FIN:** 4388
- **Bank name:** FIRST MEXIA BANK
- **Location:** MEXIA, TX
- **Failure date:** 1991-08-22
- **FDIC resolution date:** 1991-08-22
- **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:** $22M
- **Assets at failure:** $22M
- **Acquiring bank:** THE EAST TEXAS NATIONAL BAN (PALESTINE, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST MEXIA BANK (FDIC ID 3167), failed 1991-08-22. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/3167.

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