THE BOWIE COUNTY STATE BANK Failed 1982

HOOKS, TX · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE BOWIE COUNTY STATE BANK of HOOKS, TX was closed on 1982-07-27. The FDIC was named receiver.

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

Deposits were transferred to FIRST BANK&TRUST HOOKS (HOOKS, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
679
FDIC Certificate
17716
FDIC FIN
2314
Bank name
THE BOWIE COUNTY STATE BANK
Location
HOOKS, TX
Failure date
1982-07-27
FDIC resolution date
1982-07-27
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$2M
Deposits at failure
$13M
Assets at failure
$14M
Acquiring bank
FIRST BANK&TRUST HOOKS (HOOKS, TX)