Bank failure · TX

Citizens State Bank (Princeton, TX) — failed December 10, 1992

Citizens State Bank of Princeton, Texas was closed on December 10, 1992 and resolved through a a/a. Citizens State Bank (TX) took over its insured deposits. At failure it held $12.9M in assets and $12.8M in deposits. The FDIC's estimated loss on the failure is $247K (1.9% of assets).