First National Bank

Status:Inactive as of 06/30/1988
 Absorption - Assisted
Successor Bank:Texas Star Bank
Headquarters:First National Bank
500 North Sam Rayburn Freeway
Sherman, TX 75090
Established:01/24/1980
FDIC Insurance:01/24/1980
FDIC Cert:#23056
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$24,477,000
Total Deposits:$24,193,000

History

1980-01-24Institution established: Original name:First National Bank
1988-06-30Failed. Acquired with government financial assistance and subsequently operated as part of The First National Bank of Van Alstyne (5567)
2003-10-01Changed name to Texas Star Bank (5567)
2003-10-01Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD
2003-10-01Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2003-10-01Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2009-04-24Moved bank headquarters from SHERMAN, TX to VAN ALSTYNE, TX
2019-09-01Acquired Texas Star Bank (5567) in VAN ALSTYNE, TX
2019-09-01Merged into and subsequently operated as part of BancorpSouth Bank (11813) in TUPELO, MS
2019-09-01Acquired Summit Bank, National Association (58786) in PANAMA CITY, FL
2020-01-01Acquired Texas First State Bank (15300) in Riesel, TX