Bank failure · TX
First S&la of Burkburnett (Burkburnett, TX) — failed January 16, 1987
First S&la of Burkburnett of Burkburnett, Texas was closed on January 16, 1987 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $204.5M in assets and $74.1M in deposits. The FDIC's estimated loss on the failure is $269.4M (131.7% of assets).
- Closing date
- January 16, 1987
- FDIC certificate #
- 31169
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- 0
- Insurance fund
- FSLIC
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