Bank failure · TX

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

First City, Texas - Central Arlington of Arlington, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Central (TX) took over its insured deposits. At failure it held $91.4M in assets and $83.0M in deposits. The FDIC's estimated loss on the failure is $3.0M (3.3% of assets).