First City, Texas - Sour Lake

Status:Inactive as of 10/30/1992
 Absorption - Assisted
Successor Bank:New First City, Texas - Sour Lake
Headquarters:First City, Texas - Sour Lake
211 South Highway 326
Sour Lake, TX 77659
Established:02/15/1909
FDIC Insurance:01/01/1934
FDIC Cert:#11914
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$53,521,000
Total Deposits:$48,823,000

History

1909-02-15Institution established: Original name:Sour Lake State Bank
1974-06-03Moved bank headquarters from SOURLAKE, TX to SOUR LAKE, TX
1978-01-01Changed name to First Security Bank of Sour Lake
1982-12-31Changed name to First City Bank of Sour Lake
1988-04-20Maintained operations with government open bank assistance.
1989-03-31Changed name to First City, Texas - Sour Lake
1992-10-30Failed. Acquired with government financial assistance and subsequently operated as part of New First City, Texas - Sour Lake, National Association (33730)
1992-10-30Institution established: Original name:New First City, Texas - Sour Lake, National Association (33730)
1993-02-28Acquired New First City, Texas - Kountze, National Association (33722) in KOUNTZE, TX
1993-02-28Failed. Acquired with government financial assistance and subsequently operated as part of Citizens Bank (16817)
2018-10-01Acquired Gladewater National Bank (23835) in GLADEWATER, TX