# FIRST CITY BANK

> **Failed bank** · NEW ORLEANS, LA · failed 1991-05-17 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $10M

## What happened

FIRST CITY BANK of NEW ORLEANS, LA was closed by regulators on **1991-05-17**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST BANK AND TRUST** (NEW ORLEANS, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3105
- **FDIC Certificate:** 22504
- **FDIC FIN:** 4356
- **Bank name:** FIRST CITY BANK
- **Location:** NEW ORLEANS, LA
- **Failure date:** 1991-05-17
- **FDIC resolution date:** 1991-05-17
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $10M
- **Deposits at failure:** $57M
- **Assets at failure:** $56M
- **Acquiring bank:** FIRST BANK AND TRUST (NEW ORLEANS, LA)

## Other banks FIRST BANK AND TRUST has acquired in FDIC resolutions

- FIRST BANK AND TRUST (HARRISBURG, IL) — failed 1991-09-16 — /failed-bank/3187

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST CITY BANK (FDIC ID 3105), failed 1991-05-17. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3105.

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