# SOUTHSIDE NATIONAL BANK

> **Failed bank** · NACOGDOCHES, TX · failed 1992-03-19 · National commercial bank (OCC-chartered) · FDIC cost $3M

## What happened

SOUTHSIDE NATIONAL BANK of NACOGDOCHES, TX was closed by the OCC on **1992-03-19**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 3292
- **FDIC Certificate:** 23633
- **FDIC FIN:** 4463
- **Bank name:** SOUTHSIDE NATIONAL BANK
- **Location:** NACOGDOCHES, TX
- **Failure date:** 1992-03-19
- **FDIC resolution date:** 1992-03-19
- **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:** $12M
- **Assets at failure:** $12M
- **Acquiring bank:** FREDONIA STATE BANK (NACOGDOCHES, TX)

## Other banks FREDONIA STATE BANK has acquired in FDIC resolutions

- EAST TEXAS NB OF MARSHALL (MARSHALL, TX) — failed 1999-07-09 — /failed-bank/3518

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SOUTHSIDE NATIONAL BANK (FDIC ID 3292), failed 1992-03-19. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/3292.

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