Bank failure · TX

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

First City, Texas - East Dallas of Dallas, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - East Da (TX) took over its insured deposits. At failure it held $105.8M in assets and $96.6M in deposits. The FDIC's estimated loss on the failure is $732K (0.7% of assets).