Oldest Bank in the Texas Panhandle
Panhandle, Carson County, Texas
Marker Inscription
Second commercial bank opened in the Panhandle of Texas. Oldest in continuous service. Founded by James Christopher Paul, pupil of Sam Houston's son, lawyer Temple Houston. Early settlers throughout the High Plains area were among the first depositors. On May 6, 1927, during great oil boom, Judge Paul and associates opened a second bank, the First National. On December 31, 1942, the two merged. Many present accounts are held by heirs of early depositors. A son of Judge Paul still serves on the Board of Directors.
Erected by Texas Historical Commission
The Story
Founded by James Christopher Paul—a pupil of Sam Houston's son, the lawyer Temple Houston—this was the second commercial bank in the Texas Panhandle and the oldest in continuous service. Among its first depositors were the early ranchers and homesteaders of the High Plains. During the great oil boom, Judge Paul opened a second bank in 1927, the First National, and the two merged on the last day of 1942; many accounts still pass down through the heirs of those first settlers.
Why it matters
The bank's unbroken life ties the Panhandle's frontier settlement to its oil-boom prosperity, showing how local finance underwrote the settling of the High Plains.
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Related people
- · James Christopher Paul
- · Temple Houston
Related events
- · Panhandle oil boom
Themes & tags
Nearby & related markers
Texas Panhandle Pioneers - John F. Weatherlys Family
Panhandle, TX
John F. Weatherly and his family were among the first landowners on the wide-open Texas Panhandle, starting a ranch in 1898 and running the country store, post office, and telephone exchange for their neighbors. The 1924 discovery of oil on their land helped spark the founding of Borger, and the family gave freely—donating ground for churches, schools, and a park. His wife, Maggie Marie Deahl Weatherly, later built Weatherly Hall at Texas Christian University.
Carson County
Panhandle, TX
Carson County was created on August 21, 1876, from earlier Young and Bexar territories and organized in 1888 as settlers spread across the Texas Panhandle. It honors Samuel P. Carson (1798–1840), a statesman of both the United States and the Republic of Texas. Wheat farming and later oil and gas made the high-plains county prosperous, with the town of Panhandle as its seat.
Carson County
Panhandle, TX
Carved out of the vast Texas Panhandle in the years after the Civil War, Carson County was created in 1876 and formally organized in 1888 as ranchers and railroad promoters pushed into the high plains. It took the name of Samuel Price Carson, who served as Secretary of State for the young Republic of Texas. The town of Panhandle became the county seat and, though it lost the great rail junction it was promised to nearby Amarillo, it endured as one of the region's early enduring towns and an early player in the oil and gas boom.
Finch-Lord-Nelson and the Founding of Panhandle City
Panhandle, TX
As the railroad pushed across the Texas Panhandle in 1887, the cattle firm of Finch, Lord & Nelson—already known for bringing the first Hereford cattle to the region—set out to found Panhandle City. They dispatched ten cowboys to stake claims around the new townsite, which flourished as the county seat. This little red barn is a replica of the frontier structures the firm built for those 1887 claimsmen.