American Bank of Sherman

Status:Inactive as of 04/01/1993
 Merger - Without Assistance
Successor Bank:American Bank of Texas
Headquarters:American Bank of Sherman
2011 Texoma Parkway
Sherman, TX 75090
Established:10/07/1963
FDIC Insurance:10/07/1963
FDIC Cert:#18904
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$95,602,000
Total Deposits:$88,240,000

History

1963-10-07Institution established: Original name:Texoma National Bank of Sherman
1982-09-01Changed name to BancTEXAS Sherman National Association
1984-08-31Changed name to American Bank of Sherman, National Association
1991-04-18Acquired Community National Bank (25120) in SHERMAN, TX
1993-04-01Merged into and subsequently operated as part of American Bank of Texas (20473) in SHERMAN, TX
1993-04-01Changed name to American Bank of Texas (20473)
1994-12-31Acquired American National Bank of Pottsboro (23939) in POTTSBORO, TX
1994-12-31Acquired The Leonard National Bank (3298) in LEONARD, TX
1994-12-31Acquired Grayson County State Bank (15365) in SHERMAN, TX
2012-03-30Acquired American Bank of Texas, National Association (23433) in MARBLE FALLS, TX
2016-11-10Merged into and subsequently operated as part of First United Bank and Trust Company (4239) in DURANT, OK

Financial Information (1992-12-31 and Older)