Bank of Mabank

Status:Inactive as of 12/17/1987
 Absorption - Assisted
Successor Bank:First State Bank
Headquarters:Bank of Mabank
Third Street
Mabank, TX 75147
Established:01/13/1947
FDIC Insurance:01/13/1947
FDIC Cert:#16616
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$43,846,000
Total Deposits:$44,507,000

History

1947-01-13Institution established: Original name:Bank of Mabank
1987-12-17Failed. Acquired with government financial assistance and subsequently operated as part of First State Bank (15206)
1994-07-30Acquired Bank of Athens, National Association (24354) in ATHENS, TX
2016-08-26Change trust powers from TRUST POWERS NOT GRANTED to TRUST POWERS TERMINATED