# FIRST NATIONAL BANK IN CLARKSVILLE

> **Failed bank** · CLARKSVILLE, TX · failed 1985-01-24 · National commercial bank (OCC-chartered) · FDIC cost $9M

## What happened

FIRST NATIONAL BANK IN CLARKSVILLE of CLARKSVILLE, TX was closed by the OCC on **1985-01-24**. The FDIC was named receiver.

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

Deposits were transferred to **CITIZENS BANK** (CLARKSVILLE, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 955
- **FDIC Certificate:** 13812
- **FDIC FIN:** 2438
- **Bank name:** FIRST NATIONAL BANK IN CLARKSVILLE
- **Location:** CLARKSVILLE, TX
- **Failure date:** 1985-01-24
- **FDIC resolution date:** 1985-01-24
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $9M
- **Deposits at failure:** $33M
- **Assets at failure:** $35M
- **Acquiring bank:** CITIZENS BANK (CLARKSVILLE, TX)

## Other banks CITIZENS BANK has acquired in FDIC resolutions

- SILVER FALLS BANK (SILVERTON, OR) — failed 2009-02-20 — /failed-bank/3607
- HARTFORD-CARLISLE SB (CARLISLE, IA) — failed 2000-01-14 — /failed-bank/3524
- FIRST CITY, TEXAS - KOUNTZE, NA (KOUNTZE, TX) — failed 1992-10-30 — /failed-bank/3401
- FIRST CITY, TEXAS - SOUR LAKE (SOUR LAKE, TX) — failed 1992-10-30 — /failed-bank/3396
- THE FIRST NATIONAL BANK OF YORKTOWN (YORKTOWN, TX) — failed 1992-09-10 — /failed-bank/3372
- FIRST SOUTHWEST FS & LA (TYLER, TX) — failed 1990-11-30 — /failed-bank/2952
- FIRST FSA OF NACOGDOCHES (NACOGDOCHES, TX) — failed 1990-11-30 — /failed-bank/2946
- THE FIRST NATIONAL BANK OF LEVELLAND (LEVELLAND, TX) — failed 1990-08-30 — /failed-bank/2882
- TIMBERLAND FSA (NACOGDOCHES, TX) — failed 1989-03-16 — /failed-bank/2259
- RUSK FED. S & L ASSOC. (RUSK, TX) — failed 1989-03-16 — /failed-bank/2235

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK IN CLARKSVILLE (FDIC ID 955), failed 1985-01-24. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/955.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*