TellerScore

Bank failure · TX

First City, Texas - Sour Lake (Sour Lake, TX) — failed October 30, 1992

First City, Texas - Sour Lake of Sour Lake, Texas was closed on October 30, 1992 and resolved through a purchase and assumption. Citizens Bank (TX) took over its insured deposits. At failure it held $53.5M in assets and $48.8M in deposits.

Closing date
October 30, 1992
FDIC certificate #
11914
Resolution
Purchase and assumption (failure)
Acquiring institution
Citizens Bank
Insurance fund
BIF

Other failures in 1992

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