*April 1983 -- Maryland state regulators meet with former vice president of First Maryland Savings and Loan who tells them the privately insured thrift has issued risky loans that, cumulatively, exceed state limits and could spell disaster for the association and its depositors.

*May 9, 1985 -- Maryland's thrift crisis begins with depositor runs on Old Court Savings and Loan, another thrift, in Baltimore.

*May 13 -- State puts Old Court into conservatorship, freezing withdrawals. Withdrawals continue at other privately insured thrifts, including First Maryland.

*Aug. 23 -- Gov. Harry Hughes imposes a freeze on withdrawal of funds from First Maryland Savings and Loan, after a drain of tens of millions of dollars in deposits.

*Sept. 9 -- Citicorp, the New York bank holding company, announces that it has signed a letter of intent to purchase First Maryland and convert it into a commercial bank.

*Oct. 10 -- After looking through First Maryland's financial records, Citicorp officials notify the state they have broken off talks to purchase First Maryland.

*Nov. 5 -- Federal examiners tell First Maryland it must raise $39 million to obtain federal insurance by the end of the year. State officials have said First Maryland must get federal insurance or it will be placed in conservatorship.

*Nov. 20 -- State puts First Maryland into conservatorship.