# FIRST STATE BANK

> **Failed bank** · VEGA, TX · failed 1993-04-01 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $3M

## What happened

FIRST STATE BANK of VEGA, TX was closed by regulators on **1993-04-01**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **CITIZENS STB OF DALHART** (DALHART, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3444
- **FDIC Certificate:** 11890
- **FDIC FIN:** 4569
- **Bank name:** FIRST STATE BANK
- **Location:** VEGA, TX
- **Failure date:** 1993-04-01
- **FDIC resolution date:** 1993-04-01
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $21M
- **Assets at failure:** $21M
- **Acquiring bank:** CITIZENS STB OF DALHART (DALHART, TX)

## Other banks CITIZENS STB OF DALHART has acquired in FDIC resolutions

- THE FIRST STATE BANK (CHILDRESS, TX) — failed 1988-05-12 — /failed-bank/1743

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST STATE BANK (FDIC ID 3444), failed 1993-04-01. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/failed-bank/3444.

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