FIRST STATE BANK Failed 1959

What happened

FIRST STATE BANK of TENAHA, TX was closed on 1959-12-03. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

439

FDIC FIN

0

Bank name

FIRST STATE BANK

Location

TENAHA, TX

Failure date

1959-12-03

Charter type

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

Resolution type

PO

Deposits at failure

$1M

Assets at failure

$1M

Acquiring bank

0 (0, 0)

Other banks 0 acquired in FDIC resolutions

• THE COMMUNITY'S BANK (BRIDGEPORT, CT) — failed 2013-09-13
• NOVA BANK (BERWYN, PA) — failed 2012-10-26
• BANK OF THE EASTERN SHORE (CAMBRIDGE, MD) — failed 2012-04-27
• NEW CITY BANK (CHICAGO, IL) — failed 2012-03-09
• HOME SAVINGS OF AMERICA (LITTLE FALLS, MN) — failed 2012-02-24
• FIRSTIER BANK (LOUISVILLE, CO) — failed 2011-01-28
• ENTERPRISE BANKING COMPANY (MCDONOUGH, GA) — failed 2011-01-21
• FIRST ARIZONA SAVINGS, A FSB (SCOTTSDALE, AZ) — failed 2010-10-22
• IDEAL FEDERAL SAVINGS BANK (BALTIMORE, MD) — failed 2010-07-09
• ARCOLA HOMESTEAD SAVINGS BANK (ARCOLA, IL) — failed 2010-06-04