Bank failure · TX

First City, Texas - Northwest Hills (Austin, TX) — failed April 20, 1988

First City, Texas - Northwest Hills of Austin, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Northwe (TX) took over its insured deposits. At failure it held $52.7M in assets and $51.1M in deposits. The FDIC's estimated loss on the failure is $1.7M (3.3% of assets).