# FIRST FS & LA OF PITTSBURG

> **Failed bank** · PITTSBURGH, PA · failed 1991-01-04 · SL · FDIC cost $96M

## What happened

FIRST FS & LA OF PITTSBURG of PITTSBURGH, PA was closed by state regulators on **1991-01-04**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **PNC INTERIM FSB** (PITTSBURGH, PA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2983
- **FDIC Certificate:** 29161
- **FDIC FIN:** 7267
- **Bank name:** FIRST FS & LA OF PITTSBURG
- **Location:** PITTSBURGH, PA
- **Failure date:** 1991-01-04
- **FDIC resolution date:** 1991-01-04
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $96M
- **Deposits at failure:** $2,343M
- **Assets at failure:** $3,090M
- **Acquiring bank:** PNC INTERIM FSB (PITTSBURGH, PA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20FS%20%26%20LA%20OF%20PITTSBURG

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST FS & LA OF PITTSBURG (FDIC ID 2983), failed 1991-01-04. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2983.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*