Data / Bank failures / 1986 / First Sa of Kilgore
First Sa of Kilgore, Kilgore, TX: received FDIC assistance August 29, 1986
First Sa of Kilgore in Kilgore, Texas, received open bank assistance from the FDIC on August 29, 1986. It held $21.6 million in assets and $21.8 million in deposits at its last report. By assets it was the 129th largest of 204 banks closed or assisted in 1986.
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The FDIC's record
- Closed
- August 29, 1986
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Federal Svgbanc of the SW, Kilgore, TX
- Total assets
- $21,562,000
- Total deposits
- $21,784,000
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 31870
Other bank failures in Texas, 1984 to 1988
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| United Savings Association of Texas (assistance) | Houston | December 30, 1988 | $4.64 billion | $3.50 billion | $1.52 billion | United Sa of Texas FSB |
| Bayview Fsa (assistance) | Corpus Christi | December 29, 1988 | $64.6 million | $70.4 million | $48.2 million | Pacific Southwest SB FSB |
| Keystone S&LA (assistance) | Lampasas | December 29, 1988 | $30.7 million | $35.1 million | $23.8 million | Pacific Southwest SB FSB |
| Ranchers Savings Association (assistance) | Johnson City | December 29, 1988 | $56.2 million | $93.3 million | $112.4 million | Texas Trust Savings Bank FS |
| Independence S&LA (assistance) | Gonzales | December 29, 1988 | $59.1 million | $60.6 million | $53.2 million | Pacific Southwest Bank FSB |
| Lee Savings Association (assistance) | Giddings | December 29, 1988 | $73.9 million | $87.5 million | $62.7 million | Texas Trust Savings Bank FS |
| Union Sa (assistance) | San Antonio | December 29, 1988 | $72.1 million | $73.8 million | $42.7 million | Pacific Southwest SB FSB |
| Burnet S&LA (assistance) | Burnet | December 29, 1988 | $28.1 million | $27.4 million | $11.5 million | Texas Trust Savings Bank FS |
All bank failures in 1986 · All bank failures in Texas · 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.