Deep East Texas Savings Association

Status:Inactive as of 11/02/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Community Bank & Trust, S.S.B.
Headquarters:Deep East Texas Savings Association
660 S Wheeler
Jasper, TX 75951
Established:01/01/1974
FDIC Insurance:06/15/1976
FDIC Cert:#31799
Charter Class:
Total Assets:$35,244,000
Total Deposits:$51,692,000

History

1974-01-01Institution established: Original name:Deep East Texas Savings Association
1989-03-16Placed into government conservatorship.
1990-11-02Acquired after government financial assistance and subsequently operated as part of Community Bank (15325)
1990-11-02Government conservatorship or bridge bank resolved.
1992-06-03Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1993-11-18Moved bank headquarters from JASPER, TX to BEAUMONT, TX
1994-06-03Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1995-02-07Changed name to Community Bank of Texas (15325)
1996-01-25Change trust powers from TRUST POWERS TERMINATED to FULL TRUST POWERS GRANTED
1996-07-03Acquired First National Bank (3395) in PORT NECHES, TX
1997-01-24Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1998-06-25Change trust powers from TRUST POWERS TERMINATED to FULL TRUST POWERS GRANTED
1998-10-10Acquired Silsbee State Bank (1216) in SILSBEE, TX
1998-11-01Changed organization type to STOCK SAVINGS BANK
1998-11-01Changed name to Community Bank & Trust, S.S.B. (15325)
2000-05-19Acquired The First National Bank of San Augustine (5515) in SAN AUGUSTINE, TX
2001-02-02Acquired The First State Bank (12306) in COLMESNEIL, TX
2003-08-15Acquired Secured Trust Bank (34412) in TYLER, TX
2003-08-15Reorganized.
2004-03-13Merged into and subsequently operated as part of Texas State Bank (23346) in MCALLEN, TX
2005-01-14Acquired Mercantile Bank & Trust, FSB (32333) in DALLAS, TX
2008-03-13Acquired State National Bank (34336) in FORT WORTH, TX
2008-03-13Acquired The Laredo National Bank (3297) in LAREDO, TX
2008-03-13Acquired Texas State Bank (23346) in MCALLEN, TX
2008-03-13Merged into and subsequently operated as part of Compass Bank (19048) in BIRMINGHAM, AL
2009-08-21Acquired Guaranty Bank (32618) in AUSTIN, TX as part of a government assisted transaction.
2009-09-11Acquired Central Bank of the South (20024) in ANNISTON, AL
2009-09-11Acquired BBVA Bancomer USA (18255) in DIAMOND BAR, CA
2019-06-10Changed name to BBVA USA (19048)