Data / Bank failures / 1984 / First National Bank
First National Bank, Snyder, TX: failed May 4, 1984
First National Bank in Snyder, Texas, failed on May 4, 1984. American STB of Snyder of Snyder, TX, took over its deposits. It held $23.5 million in assets and $22.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $753,506 (3.2% of its assets). By assets it was the 55th largest of 106 banks closed or assisted in 1984.
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The FDIC's record
- Closed
- May 4, 1984
- Type
- Failure
- How it was resolved
- Insured deposit transfer: the insured deposits moved to another bank
- Acquirer
- American STB of Snyder, Snyder, TX
- Total assets
- $23,518,000
- Total deposits
- $22,169,000
- Estimated cost to the FDIC
- $753,506 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
- FDIC certificate
- 23335
Other bank failures in Texas, 1982 to 1986
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Farmers State Bank | Lueders | December 19, 1986 | $9.7 million | $9.2 million | $3 million | FARMERS&MERCHANTS NB Mer |
| Lago Vista National Bank | Lago Vista | December 18, 1986 | $11.9 million | $12.4 million | $5.3 million | Greater Texas Bank Leand |
| First Bank & Trust Co. | Booker | December 18, 1986 | $94.9 million | $84.6 million | $35.8 million | First NB of Perryton |
| Panhandle Bank & Trust Company | Borger | December 4, 1986 | $112.1 million | $99.9 million | $17.8 million | Amarillo National Bank |
| Texana National Bank of College | College Station | November 20, 1986 | $12.1 million | $11.9 million | $3 million | First State Bank in Cald |
| The Citizens State Bank | Donna | November 6, 1986 | $27.5 million | $27.8 million | $6.9 million | Raymondville State Bank |
| Century National Bank | Houston | October 2, 1986 | $15.5 million | $13.5 million | $5.3 million | Sterling Bank Willowbroo |
| Heritage National Bank | Richardson | September 25, 1986 | $33.1 million | $30 million | $14.1 million | Brookhollow National Ban |
All bank failures in 1984 · 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.