Data / Bank failures / 1957 / First State Bank of Yorktown
First State Bank of Yorktown, Yorktown, TX: failed April 10, 1957
First State Bank of Yorktown in Yorktown, Texas, failed on April 10, 1957. It held $1.3 million in assets and $1.2 million in deposits at its last report.
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The FDIC's record
- Closed
- April 10, 1957
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $1,253,000
- Total deposits
- $1,163,000
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- FDIC
Other bank failures in Texas, 1955 to 1959
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First State Bank | Tenaha | December 3, 1959 | $1.3 million | $1.1 million | ||
| Peoples State Bank | Richland Springs | May 5, 1958 | $618,000 | $574,000 | ||
| River Oaks State Bank | Forth Worth | October 15, 1956 | $5.2 million | $4.7 million | ||
| First National Bank of Lewisville | Lewisville | January 27, 1955 | $721,000 | $892,000 |
All bank failures in 1957 · 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.