Data / Bank failures / 1992 / First Home Fsa
First Home Fsa, Pittsburgh, PA: failed June 19, 1992
First Home Fsa in Pittsburgh, Pennsylvania, failed on June 19, 1992. First Home FSB, FSB of Pittsburgh, PA, took over its deposits. It held $131.7 million in assets and $129.3 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $463,313 (0.4% of its assets). By assets it was the 77th largest of 181 banks closed or assisted in 1992.
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The FDIC's record
- Closed
- June 19, 1992
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- First Home FSB, FSB, Pittsburgh, PA
- Total assets
- $131,686,000
- Total deposits
- $129,271,000
- Estimated cost to the FDIC
- $463,313 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- RTC
- FDIC certificate
- 28250
Other bank failures in Pennsylvania, 1990 to 1994
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Meritor Savings Bank | Philadelphia | December 11, 1992 | $4.13 billion | $2.91 billion | $360 | Mellon Bank National Ass |
| Home Unity Federal | Lafayette Hill | June 4, 1992 | $684.8 million | $632.3 million | $18.5 million | |
| Ukranian FS & La | Philadelphia | March 12, 1992 | $74.9 million | $72.6 million | $8.9 million | |
| Alpha Indian Rock FS & La | Philadelphia | February 28, 1992 | $7.2 million | $7.7 million | $2.8 million | Roxborough-Manayunk |
| The Bank of Brandywine Valley | West Chester | February 21, 1992 | $44.9 million | $47.3 million | $12.1 million | Wilmington Trust Co |
| Chase Savings & Loan | Philadelphia | November 22, 1991 | $46.9 million | $46 million | $10.4 million | United Bank of Philadelphia |
| Abraham Lincoln Fsa | Dresher | September 19, 1991 | $189.1 million | $167 million | $10.1 million | |
| Homestead Fsa | Middletown | August 30, 1991 | $223.2 million | $181 million | $17.5 million | Farmers Trust Co. |
All bank failures in 1992 · All bank failures in Pennsylvania · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.