Data / Bank failures / 1969 / The First State Bank
The First State Bank, Dodson, TX: failed May 12, 1969
The First State Bank in Dodson, Texas, failed on May 12, 1969. It held $1.1 million in assets and $1.1 million in deposits at its last report. By assets it was the 9th largest of 9 banks closed or assisted in 1969.
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The FDIC's record
- Closed
- May 12, 1969
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $1,134,000
- Total deposits
- $1,085,000
- Charter
- State member bank (Federal Reserve)
- 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 First State Bank | Aransas Pass | September 5, 1969 | $11.4 million | $10.5 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 | ||
| 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 2026-10-23. 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.