# THE FIRST NAT BK OF MIDLAND

> **Failed bank** · MIDLAND, TX · failed 1983-10-14 · National commercial bank (OCC-chartered) · FDIC cost $527M

## What happened

THE FIRST NAT BK OF MIDLAND of MIDLAND, TX was closed by the OCC on **1983-10-14**. The FDIC was named receiver.

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

Deposits were transferred to **REPUBLICBANK 1ST NATL MI** (MIDLAND, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 826
- **FDIC Certificate:** 3343
- **FDIC FIN:** 2365
- **Bank name:** THE FIRST NAT BK OF MIDLAND
- **Location:** MIDLAND, TX
- **Failure date:** 1983-10-14
- **FDIC resolution date:** 1983-10-14
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $527M
- **Deposits at failure:** $780M
- **Assets at failure:** $1,410M
- **Acquiring bank:** REPUBLICBANK 1ST NATL MI (MIDLAND, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20FIRST%20NAT%20BK%20OF%20MIDLAND

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FIRST NAT BK OF MIDLAND (FDIC ID 826), failed 1983-10-14. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/826.

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