Bank failure · TX

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

First City, Texas - Westheimer of Houston, Texas was closed on April 20, 1988 and resolved through a a/a. First City, Texas - Westhei (TX) took over its insured deposits. At failure it held $67.0M in assets and $63.7M in deposits. The FDIC's estimated loss on the failure is $2.2M (3.2% of assets).