Bank failure · TX

First City, Texas - Houston, NA (Houston, TX) — failed October 30, 1992

First City, Texas - Houston, NA of Houston, Texas was closed on October 30, 1992 and resolved through a purchase and assumption (insured deposits). Texas Commerce Bancshares, (TX) took over its insured deposits. At failure it held $2.8B in assets and $2.5B in deposits.