FIRST CITY, TEXAS - BRYAN, NA Failed 1992

What happened

FIRST CITY, TEXAS - BRYAN, NA of BRYAN, TX was closed on 1992-10-30. The FDIC was named receiver.

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

Deposits were transferred to VICTORIA BANK AND TRUST (VICTORIA, TX). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

3388

FDIC Certificate

3120

FDIC FIN

4527

Bank name

FIRST CITY, TEXAS - BRYAN, NA

Location

BRYAN, TX

Failure date

1992-10-30

FDIC resolution date

1993-02-13

Charter type

National commercial bank (OCC-chartered)

Resolution type

Purchase & Assumption — acquiring bank assumed deposits + bought assets

FDIC DIF cost (est.)

$0M

Deposits at failure

$319M

Assets at failure

$340M

Acquiring bank

VICTORIA BANK AND TRUST (VICTORIA, TX)