Grayson County State Bank

Status:Inactive as of 12/31/1994
 Merger - Without Assistance
Successor Bank:American Bank of Texas
Headquarters:Grayson County State Bank
400 North Crockett Street
Sherman, TX 75090
Established:03/14/1936
FDIC Insurance:03/14/1936
FDIC Cert:#15365
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$98,472,000
Total Deposits:$92,181,000

History

1936-03-14Institution established: Original name:Grayson County State Bank
1993-07-30Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1994-12-31Acquired American National Bank of Pottsboro (23939) in POTTSBORO, TX
1994-12-31Acquired Grayson County State Bank in SHERMAN, TX
1994-12-31Acquired The Leonard National Bank (3298) in LEONARD, TX
1994-12-31Merged into and subsequently operated as part of American Bank of Texas (20473) in SHERMAN, TX
2012-03-30Acquired American Bank of Texas, National Association (23433) in MARBLE FALLS, TX
2016-11-10Merged into and subsequently operated as part of First United Bank and Trust Company (4239) in DURANT, OK

Financial Information (1993-12-31 and Older)