Bank failure · ME

First Fsa (Lewiston, ME) — failed May 21, 1992

First Fsa of Lewiston, Maine was closed on May 21, 1992 and resolved through a purchase and assumption. Kingfield Sb (ME) took over its insured deposits. At failure it held $83.0M in assets and $76.3M in deposits. The FDIC's estimated loss on the failure is $11.8M (14.2% of assets).