Data / Bank failures / 1937 / First State Bank of South San Antonio
First State Bank of South San Antonio, San Antonio, TX: failed June 29, 1937
First State Bank of South San Antonio in San Antonio, Texas, failed on June 29, 1937. It held $514,000 in assets and $490,000 in deposits at its last report. By assets it was the 10th largest of 75 banks closed or assisted in 1937.
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The FDIC's record
- Closed
- June 29, 1937
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $514,000
- Total deposits
- $490,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Texas, 1935 to 1939
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Tatum State Bank | Tatum | May 2, 1939 | $47,000 | $17,000 | ||
| Farmers State Bank in Merkel | Merkel | February 3, 1939 | $183,000 | $131,000 | ||
| First State Bank | Marquez | January 16, 1939 | $87,000 | $46,000 | ||
| First State Bank | Elgin | January 9, 1939 | $347,000 | $287,000 | ||
| 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 | ||
| Union State Bank and Trust Company | Bryan | June 16, 1937 | $359,000 | $302,000 |
All bank failures in 1937 · 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.