Commercial State Bank

Status:Inactive as of 01/18/2019
 Absorption - Without Assistance
Successor Bank:American Momentum Bank
Headquarters:Commercial State Bank
200 South Main Street
Andrews, TX 79714
Established:11/02/1956
FDIC Insurance:11/02/1956
FDIC Cert:#17687
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$675,631,000
Total Deposits:$594,072,000

History

1956-11-02Institution established: Original name:Commercial State Bank
1989-11-13Changed name to Freedom Bank
1992-06-16Changed name to Commercial State Bank
2016-10-01Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2016-10-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2019-01-18Merged into and subsequently operated as part of American Momentum Bank (58309) in COLLEGE STATION, TX
2020-02-29Acquired Security Bank (13408) in MIDLAND, TX

Financial Information (2018-12-31 and Older)