First City, Texas - Lake Jackson

Status:Inactive as of 10/30/1992
 Absorption - Assisted
Successor Bank:New First City, Texas - Lake Jackson
Headquarters:First City, Texas - Lake Jackson
This Way Street
Lake Jackson, TX 77566
Established:01/02/1947
FDIC Insurance:01/02/1947
FDIC Cert:#16524
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$104,302,000
Total Deposits:$96,353,000

History

1947-01-02Institution established: Original name:The Lake Jackson Bank of Lake Jackson, Texas
1982-04-01Changed name to First City Bank-Lake Jackson
1988-04-20Maintained operations with government open bank assistance.
1989-03-31Changed name to First City, Texas - Lake Jackson
1992-10-30Institution established: Original name:New First City, Texas - Lake Jackson, National Association (33723)
1992-10-30Failed. Acquired with government financial assistance and subsequently operated as part of New First City, Texas - Lake Jackson, National Association (33723)
1993-02-13Acquired New First City, Texas - Orange, National Association (33727) in ORANGE, TX as part of a government assisted transaction.
1993-02-13Failed. Acquired with government financial assistance and subsequently operated as part of First Heights Bank, a Federal Savings Bank (32611)
1993-06-05Acquired Sun Savings Association (32488) in HOUSTON, TX
1994-10-01Moved bank headquarters from LAKE JACKSON, TX to HOUSTON, TX
2003-01-08Changed name to First Heights Bank, a FSB (32611)
2005-09-09Closed voluntarily and liquidated its assets.