by Calculated Risk on 9/30/2011 07:05:00 PM

First Friday Failure
First International now
America First
by Soylent Green is People
From the FDIC: American First National Bank, Houston, Texas, Assumes All of the Deposits of First International Bank, Plano, Texas

As of June 30, 2011, First International Bank had approximately $239.9 million in total assets and $208.8 million in total deposits. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $53.8 million. ... First International Bank is the 74th FDIC-insured institution to fail in the nation this year, and the first in Texas.

Friday is here!