FIRST CITY, TEXAS - DALLAS, NA Failed 1992
What happened
FIRST CITY, TEXAS - DALLAS, NA of DALLAS, TX was closed on 1992-10-30. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to TEXAS COMMERCE BANCSHARES, (HOUSTON, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3386
- FDIC Certificate
- 1722
- FDIC FIN
- 4529
- Bank name
- FIRST CITY, TEXAS - DALLAS, NA
- Location
- DALLAS, TX
- Failure date
- 1992-10-30
- FDIC resolution date
- 1993-02-13
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $1,307M
- Assets at failure
- $1,359M
- Acquiring bank
- TEXAS COMMERCE BANCSHARES, (HOUSTON, TX)
Other banks TEXAS COMMERCE BANCSHARES, acquired in FDIC resolutions