# AMERICAN STATE BANK

> **Failed bank** · THOMAS, OK · failed 1984-10-19 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $7M

## What happened

AMERICAN STATE BANK of THOMAS, OK was closed by regulators on **1984-10-19**. The FDIC was named receiver.

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

Deposits were transferred to **BANK OF THOMAS** (THOMAS, OK). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 929
- **FDIC Certificate:** 8985
- **FDIC FIN:** 2424
- **Bank name:** AMERICAN STATE BANK
- **Location:** THOMAS, OK
- **Failure date:** 1984-10-19
- **FDIC resolution date:** 1984-10-19
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $22M
- **Assets at failure:** $24M
- **Acquiring bank:** BANK OF THOMAS (THOMAS, OK)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN STATE BANK (FDIC ID 929), failed 1984-10-19. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/929.

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