TellerScore

Bank failure · KY

First Home Fs&la (Owensboro, KY) — failed December 20, 1982

First Home Fs&la of Owensboro, Kentucky was closed on December 20, 1982 and resolved through a a/a. Lincoln Fs&la (KY) took over its insured deposits. At failure it held $83.6M in assets and $65.3M in deposits. The FDIC's estimated loss on the failure is $3.2M (3.8% of assets).

Closing date
December 20, 1982
FDIC certificate #
29969
Resolution
A/A (assistance)
Acquiring institution
Lincoln Fs&la
Insurance fund
FSLIC

Other failures in 1982

What happens when a bank fails