Data / Bank failures / 1969 / The First State Bank
The First State Bank, Aransas Pass, TX: failed September 5, 1969
The First State Bank in Aransas Pass, Texas, failed on September 5, 1969. It held $11.4 million in assets and $10.5 million in deposits at its last report. By assets it was the largest of 9 banks closed or assisted in 1969.
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The FDIC's record
- Closed
- September 5, 1969
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $11,417,000
- Total deposits
- $10,472,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Texas, 1967 to 1971
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Sharpstown State Bank | Houston | January 25, 1971 | $78.9 million | $66.8 million | ||
| The Big Lake State Bank | Big Lake | August 22, 1969 | $4.8 million | $4.4 million | ||
| The State National Bank | Lovelady | May 28, 1969 | $4.1 million | $3.8 million | ||
| The First State Bank | Dodson | May 12, 1969 | $1.1 million | $1.1 million | ||
| Citizens State Bank | Alvarado | April 12, 1969 | $2.6 million | $2.3 million | ||
| Lorenzo State Bank | Lorenzo | February 13, 1968 | $6.2 million | $5.6 million | ||
| Sacul State Bank | Sacul | June 23, 1967 | $762,000 | $724,000 |
All bank failures in 1969 · All bank failures in Texas · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.