First American Bank

Status:Inactive as of 1999-09-01
 Merger - Without Assistance
Successor Bank:Guaranty Bank & Trust, N.A.
Headquarters:First American Bank
919 Gilmer Street
Sulphur Springs, TX 75482
Established:1964-01-24
FDIC Insurance:1964-01-24
FDIC Cert:#19014
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:2
Total Assets:$61,640,000
Total Deposits:$56,962,000

History

1964-01-24Institution established: Original name:Peoples National Bank of Sulphur Springs
1983-06-01Changed name to BancTEXAS Sulphur Springs National Association
1987-07-17Maintained operations with government open bank assistance.
1988-04-29Changed name to First American Bank Sulphur Springs National Association
1991-06-14Acquired Texas Commercial Federal Savings Association (33215) in SULPHUR SPRINGS, TX
1993-03-17Changed name to First American Bank and Mortgage, National Association
1998-08-20Changed name to First American Bank, National Association
1999-09-01Merged into and subsequently operated as part of Guaranty Bank (1208) in MOUNT PLEASANT, TX
2002-08-30Changed name to Guaranty Bond Bank (1208)
2008-12-12Reorganized.
2012-07-02Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2012-07-02Changed name to Guaranty Bond Bank, National Association (1208)
2013-07-20Acquired The First State Bank (11140) in HALLSVILLE, TX
2014-07-01Changed name to Guaranty Bank & Trust, N.A. (1208)
2015-03-27Acquired Preston State Bank (57650) in DALLAS, TX
2015-08-01Acquired Texas Leadership Bank (58312) in ROYSE CITY, TX
2018-06-02Acquired Westbound Bank (58417) in KATY, TX

Financial Information (1998-12-31 and Older)