Bank failure · PA

First Fs&la of Pittston (Pittston, PA) — failed July 16, 1982

First Fs&la of Pittston of Pittston, Pennsylvania was closed on July 16, 1982 and resolved through a a/a. Franklin First Fs&la (PA) took over its insured deposits. At failure it held $45.8M in assets and $43.3M in deposits. The FDIC's estimated loss on the failure is $7.1M (15.5% of assets).