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Data / Bank failures / 1984 / East Texas BK & TR Co.

East Texas BK & TR Co., Longview, TX: failed June 29, 1984

East Texas BK & TR Co. in Longview, Texas, failed on June 29, 1984. Texas National Bank of Longview, TX, took over its deposits. It held $106.1 million in assets and $97.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $19.9 million (18.7% of its assets). By assets it was the 20th largest of 106 banks closed or assisted in 1984.

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The FDIC's record

Closed
June 29, 1984
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
Texas National Bank, Longview, TX
Total assets
$106,092,000
Total deposits
$97,121,000
Estimated cost to the FDIC
$19,882,400 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC
FDIC certificate
16654

The FDIC record

Other bank failures in Texas, 1982 to 1986

BankCityClosedAssetsDepositsEstimated costAcquirer
Farmers State BankLuedersDecember 19, 1986$9.7 million$9.2 million$3 millionFARMERS&MERCHANTS NB Mer
Lago Vista National BankLago VistaDecember 18, 1986$11.9 million$12.4 million$5.3 millionGreater Texas Bank Leand
First Bank & Trust Co.BookerDecember 18, 1986$94.9 million$84.6 million$35.8 millionFirst NB of Perryton
Panhandle Bank & Trust CompanyBorgerDecember 4, 1986$112.1 million$99.9 million$17.8 millionAmarillo National Bank
Texana National Bank of CollegeCollege StationNovember 20, 1986$12.1 million$11.9 million$3 millionFirst State Bank in Cald
The Citizens State BankDonnaNovember 6, 1986$27.5 million$27.8 million$6.9 millionRaymondville State Bank
Century National BankHoustonOctober 2, 1986$15.5 million$13.5 million$5.3 millionSterling Bank Willowbroo
Heritage National BankRichardsonSeptember 25, 1986$33.1 million$30 million$14.1 millionBrookhollow National Ban

Other failed banks Texas National Bank took over

BankCityStateClosedAssetsDepositsEstimated costAcquirer
First National Bank of Grand SalineGrand SalineTXMay 10, 1990$28.6 million$28.7 million$6.3 millionTexas National Bank

All bank failures in 1984 · All bank failures in Texas · Every failed bank Texas National Bank took over · 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.