# FIRST CITY, TEXAS - DALLAS

> **Failed bank** · DALLAS, TX · failed 1988-04-20 · State commercial bank, Federal Reserve member · FDIC cost $79M

## What happened

FIRST CITY, TEXAS - DALLAS of DALLAS, TX was closed by state regulators on **1988-04-20**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FIRST CITY, TEXAS - DALLAS** (DALLAS, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1673
- **FDIC Certificate:** 1722
- **FDIC FIN:** 1941
- **Bank name:** FIRST CITY, TEXAS - DALLAS
- **Location:** DALLAS, TX
- **Failure date:** 1988-04-20
- **FDIC resolution date:** 1988-04-20
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $79M
- **Deposits at failure:** $489M
- **Assets at failure:** $590M
- **Acquiring bank:** FIRST CITY, TEXAS - DALLAS (DALLAS, TX)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20CITY%2C%20TEXAS%20-%20DALLAS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST CITY, TEXAS - DALLAS (FDIC ID 1673), failed 1988-04-20. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/1673.

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