FIRST CITY, TEXAS - TYLER, NA Failed 1992
What happened
FIRST CITY, TEXAS - TYLER, NA of TYLER, 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 FIRST COMMERCIAL CORPORATIO (LITTLE ROCK, AR). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3395
- FDIC Certificate
- 5562
- FDIC FIN
- 4542
- Bank name
- FIRST CITY, TEXAS - TYLER, NA
- Location
- TYLER, 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
- $232M
- Assets at failure
- $259M
- Acquiring bank
- FIRST COMMERCIAL CORPORATIO (LITTLE ROCK, AR)
Other banks FIRST COMMERCIAL CORPORATIO acquired in FDIC resolutions