Data / Bank failures / 1936 / Central State Bank of Sherman
Central State Bank of Sherman, Sherman, TX: failed December 31, 1936
Central State Bank of Sherman in Sherman, Texas, failed on December 31, 1936. It held $312,000 in assets and $219,000 in deposits at its last report. By assets it was the 12th largest of 69 banks closed or assisted in 1936.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- December 31, 1936
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $312,000
- Total deposits
- $219,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Texas, 1934 to 1938
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The First National Bank of Purdon | Purdon | February 12, 1938 | $63,000 | $36,000 | ||
| The First National Bank of Lovelady | Lovelady | October 1, 1937 | $78,000 | |||
| Ringgold State Bank | Ringgold | October 1, 1937 | $92,000 | $51,000 | ||
| First State Bank of South San Antonio | San Antonio | June 29, 1937 | $514,000 | $490,000 | ||
| Union State Bank and Trust Company | Bryan | June 16, 1937 | $359,000 | $302,000 | ||
| First State Bank | Arlington | April 12, 1937 | $719,000 | $720,000 | ||
| Texas State Bank and Trust Company | Corpus Christi | April 8, 1937 | $628,000 | $419,000 | ||
| Guaranty Bond State Bank | Miles | April 23, 1936 | $202,000 | $103,000 |
All bank failures in 1936 · All bank failures in Texas · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.