Bank failure · TX

First International Bank (Plano, TX) — failed September 30, 2011

First International Bank of Plano, Texas was closed on September 30, 2011 and resolved through a purchase and assumption. American First National Bank (TX) took over its insured deposits. At failure it held $239.9M in assets and $208.8M in deposits. The FDIC's estimated loss on the failure is $58.0M (24.2% of assets).