Record · Bank
FIRST FSA
FIRST FSA held $63.2 million in total assets at failure as of May 18, 1990, according to the FDIC.
FIRST FSA, of BORGER, TX, was an FDIC-insured institution that closed on May 18, 1990, as the FDIC records it.
The failure
- May 18, 1990
- Closed
- $63.2 million
- Assets at failure
- $63,198,000
- $53.7 million
- Deposits at failure
- $53,681,000
- $16.6 million
- Estimated cost to the insurance fund
- $16,565,312
- The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
- AMARILLO NB
- Acquired by
- AMARILLO, TX
The FDIC’s entry
- FDIC certificate number
- 30432
- Resolution
- FAILURE
- Transaction type
- PA
- Charter class
- SL
- Insurance fund
- RTC
- Insured since
- August 9, 1989
- Established
- January 1, 1949
- Recorded in
- The FDIC’s failures data
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved