Bank failure · TX

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

First City, Texas - Forest Hill of Forest Hill, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Forest (TX) took over its insured deposits. At failure it held $44.8M in assets and $41.8M in deposits. The FDIC's estimated loss on the failure is $168K (0.4% of assets).