Bank failure · SD

First Fs&la of Sioux Falls (Sioux Falls, SD) — failed September 20, 1982

First Fs&la of Sioux Falls of Sioux Falls, South Dakota was closed on September 20, 1982 and resolved through a a/a. First Dakota Home S&la (SD) took over its insured deposits. At failure it held $78.2M in assets and $74.3M in deposits. The FDIC's estimated loss on the failure is $2.9M (3.7% of assets).