Bank failure · TX

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

First City, Texas - Graham of Graham, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Graham (TX) took over its insured deposits. At failure it held $134.2M in assets and $124.6M in deposits. The FDIC's estimated loss on the failure is $547K (0.4% of assets).