Bank failure · SD

First Fs&la of Sioux Falls (Sioux Falls, SD) — failed June 10, 1983

First Fs&la of Sioux Falls of Sioux Falls, South Dakota was closed on June 10, 1983 and resolved through a a/a. Home Fs&la Sioux Falls (SD) took over its insured deposits. At failure it held $78.0M in assets and $75.3M in deposits. The FDIC's estimated loss on the failure is $6.9M (8.8% of assets).