Bank failure · TX

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

First City, Texas - Inwood Forest of Houston, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Inwood (TX) took over its insured deposits. At failure it held $76.2M in assets and $71.7M in deposits. The FDIC's estimated loss on the failure is $1.6M (2.2% of assets).