The Graveyard › Banks › 1973
The First State Bank
Vernon, TX · failed July 16, 1973 · FDIC certificate 11170
The First State Bank of Vernon, TX failed on July 16, 1973. It opened in 1907, 66 years before. At its last report before that it held $16.2 million in assets and $14.8 million in deposits. The FDIC's list gives no estimate of the loss: the FDIC says its figures are not complete for its own cases before 1986 or for FSLIC cases from 1934 to 1988.
Assets at the end$16.2 millionlast report before July 16, 1973
Deposits at the end$14.8 million
Estimated loss to the fundnot givenFDIC
Also ended in 1973
- United States National Bank · San Diego, CA · $1.3 billion in assets
- Delta Security Bank & Trust Company · Ferriday, LA · $9.8 million in assets
- First National Bank of Eldora · Eldora, IA · $8.1 million in assets
- Skyline National Bank · Denver, CO · $6.5 million in assets
- Elm Creek State Bank · Elm Creek, NE · $3.2 million in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.