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Bank failure · TX

First City, Texas - Corpus Chris (Corpus Christi, TX) — failed October 30, 1992

First City, Texas - Corpus Chris of Corpus Christi, Texas was closed on October 30, 1992 and resolved through a purchase and assumption. Mercantile Bank, NA (TX) took over its insured deposits. At failure it held $462.8M in assets and $383.4M in deposits.

Closing date
October 30, 1992
FDIC certificate #
21190
Resolution
Purchase and assumption (failure)
Acquiring institution
Mercantile Bank, NA
Insurance fund
BIF

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