Bank failure · TX

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

First City, Texas - Tyler of Tyler, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Tyler (TX) took over its insured deposits. At failure it held $261.8M in assets and $232.6M in deposits. The FDIC's estimated loss on the failure is $22.6M (8.6% of assets).