FIRST CITY, TEXAS - SOUR LAKE Failed 1988
What happened
FIRST CITY, TEXAS - SOUR LAKE of SOUR LAKE, TX was closed on 1988-04-20. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to FIRST CITY, TEXAS - SOUR LA (SOUR LAKE, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1686
- FDIC Certificate
- 11914
- FDIC FIN
- 1941
- Bank name
- FIRST CITY, TEXAS - SOUR LAKE
- Location
- SOUR LAKE, TX
- Failure date
- 1988-04-20
- FDIC resolution date
- 1988-04-20
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $42M
- Assets at failure
- $46M
- Acquiring bank
- FIRST CITY, TEXAS - SOUR LA (SOUR LAKE, TX)