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Bank Failure

CENTRAL STATE BANK OF SHERMAN

Closed December 31, 1936 · SHERMAN, TX.

Closing date
December 31, 1936
Headquarters
SHERMAN, TX
Total assets at closing
$312,000
Total deposits at closing
$219,000
Resolution type
other

Context

On December 31, 1936, regulators closed CENTRAL STATE BANK OF SHERMAN, headquartered in SHERMAN, TX. At closing, the institution held approximately $312,000 in assets and $219,000 in deposits. The FDIC resolved the institution without a single-acquirer transaction.

Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.

Other failures in 1936

DateBankHQAssets
1936-12-21RESERVATION STATE BANKMAKOTI, ND
1936-12-21FIRST STATE BANK OF MAXMAX, ND
1936-12-21BANK OF BERTHOLDBERTHOLD, ND
1936-12-21FIRST STATE BANKCOTEAU, ND
1936-12-21THE CUMMINGS STATE BANKCUMMINGS, ND
1936-12-21FIRST STATE BANK OF POWERS LAKEPOWERS LAKE, ND
1936-12-19THE FIRST INTERNATIONAL BANK OF WILLISTONWILLISTON, ND
1936-12-19NORTHERN AND DAKOTA TRUST COMPANYFARGO, ND