Bank failure · GA

First Federal Savings & Loan (Warner Robins, GA) — failed April 12, 1990

First Federal Savings & Loan of Warner Robins, Georgia was closed on April 12, 1990 and resolved through a purchase and assumption. Cb&t Bank of Middle Ga (GA) took over its insured deposits. At failure it held $150.1M in assets and $144.1M in deposits. The FDIC's estimated loss on the failure is $15.0M (10.0% of assets).