Bank failure · TX

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

First City, Texas - Bellaire of Bellaire, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Bellair (TX) took over its insured deposits. At failure it held $51.1M in assets and $48.6M in deposits. The FDIC's estimated loss on the failure is $1.4M (2.8% of assets).