# FIRST CITY, TEXAS - FARMERS BRANCH

> **Failed bank** · FARMERS BRANCH, TX · failed 1988-04-20 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $4M

## What happened

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

**Resolution:** A/A

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


## Key facts

- **FDIC ID:** 1698
- **FDIC Certificate:** 18436
- **FDIC FIN:** 1941
- **Bank name:** FIRST CITY, TEXAS - FARMERS BRANCH
- **Location:** FARMERS BRANCH, 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
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $149M
- **Assets at failure:** $162M
- **Acquiring bank:** FIRST CITY, TEXAS - FARMERS (FARMERS BRANCH, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST CITY, TEXAS - FARMERS BRANCH (FDIC ID 1698), failed 1988-04-20. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1698.

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