Data / Bank failures / 1982 / The Bank of Woodson
The Bank of Woodson, Woodson, TX: failed March 1, 1982
The Bank of Woodson in Woodson, Texas, failed on March 1, 1982. It held $3.9 million in assets and $3.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $271,000 (6.9% of its assets). By assets it was the 118th largest of 119 banks closed or assisted in 1982.
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The FDIC's record
- Closed
- March 1, 1982
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $3,908,000
- Total deposits
- $3,500,000
- Estimated cost to the FDIC
- $271,000 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 15088
Other bank failures in Texas, 1980 to 1984
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| American Nat BK in McLean | McLean | August 16, 1984 | $14.3 million | $13.4 million | $3 million | McLean Bank of Commerce |
| East Texas BK & TR Co. | Longview | June 29, 1984 | $106.1 million | $97.1 million | $19.9 million | Texas National Bank |
| Investors S&LA (assistance) | Houston | May 16, 1984 | $31.5 million | $24.2 million | Empire of America | |
| First National Bank | Snyder | May 4, 1984 | $23.5 million | $22.2 million | $753,506 | American STB of Snyder |
| Security National BK of Lubbock | Lubbock | April 13, 1984 | $51.4 million | $49.9 million | $3.7 million | City Bank National Assn |
| Seminole State National Bank | Seminole | March 16, 1984 | $51.1 million | $48.4 million | $2 million | Seminole National Bank |
| Empire S&LA | Mesquite | March 14, 1984 | $332.5 million | $303.5 million | $266.9 million | |
| Brownfield State BK & TR Co. | Brownfield | February 17, 1984 | $38.9 million | $37.6 million | $7.6 million | Brownfield State Bank |
All bank failures in 1982 · 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.