Bank failure · TX

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

First City, Texas - Plano of Plano, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Plano (TX) took over its insured deposits. At failure it held $59.5M in assets and $58.4M in deposits. The FDIC's estimated loss on the failure is $2.0M (3.3% of assets).