CITIZENS STATE BANK Failed 1992

What happened

CITIZENS STATE BANK of PRINCETON, TX was closed on 1992-12-10. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to CITIZENS STATE BANK (PRINCETON, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

3426

FDIC Certificate

9015

FDIC FIN

2020

Bank name

CITIZENS STATE BANK

Location

PRINCETON, TX

Failure date

1992-12-10

FDIC resolution date

1992-12-10

Charter type

State commercial bank, non-Federal Reserve member (FDIC-supervised)

Resolution type

A/A

FDIC DIF cost (est.)

$0M

Deposits at failure

$13M

Assets at failure

$13M

Acquiring bank

CITIZENS STATE BANK (PRINCETON, TX)

Other banks CITIZENS STATE BANK acquired in FDIC resolutions

• BURLESON COUNTY SAVINGS ASSOC. (CALDWELL, TX) — failed 1991-05-31
• PEOPLES NATIONAL BANK (CALDWELL, TX) — failed 1990-06-21
• FIRST-TAYLOR NATIONAL BANK (TAYLOR, TX) — failed 1990-05-17
• FIRST STATE BANK (DEANVILLE, TX) — failed 1989-04-20
• CITIZENS STATE BANK (HAYFIELD, MN) — failed 1988-01-27
• COMMERCIAL STATE BANK (POCAHONTAS, IA) — failed 1986-06-27
• THE FIRST NATIONAL BANK OF GORMAN (GORMAN, TX) — failed 1986-02-27