Bank failure · PA

First Home Fsa (Pittsburgh, PA) — failed June 19, 1992

First Home Fsa of Pittsburgh, Pennsylvania was closed on June 19, 1992 and resolved through a purchase and assumption. First Home FSB, FSB (PA) took over its insured deposits. At failure it held $131.7M in assets and $129.3M in deposits. The FDIC's estimated loss on the failure is $463K (0.4% of assets).