Bank failure · TX

First City, Texas - Alice (Alice, TX) — failed April 20, 1988

First City, Texas - Alice of Alice, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Alice (TX) took over its insured deposits. At failure it held $105.9M in assets and $95.5M in deposits. The FDIC's estimated loss on the failure is $554K (0.5% of assets).