# FIRST NATIONAL BANK, BEDFORD

> **Failed bank** · BEDFORD, TX · failed 1991-10-24 · National commercial bank (OCC-chartered) · FDIC cost $2M

## What happened

FIRST NATIONAL BANK, BEDFORD of BEDFORD, TX was closed by the OCC on **1991-10-24**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST INTERNATIONAL BANK** (BEDFORD, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3223
- **FDIC Certificate:** 25837
- **FDIC FIN:** 4416
- **Bank name:** FIRST NATIONAL BANK, BEDFORD
- **Location:** BEDFORD, TX
- **Failure date:** 1991-10-24
- **FDIC resolution date:** 1991-10-24
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $23M
- **Assets at failure:** $23M
- **Acquiring bank:** FIRST INTERNATIONAL BANK (BEDFORD, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20NATIONAL%20BANK%2C%20BEDFORD

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK, BEDFORD (FDIC ID 3223), failed 1991-10-24. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/3223.

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