<PAGE>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-Q


                                   (Mark one)
[X]      QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2003

                                       or

[ ]      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934

                         Commission File Number: 0-20677

                           FIRSTCITY LIQUIDATING TRUST
             (Exact name of registrant as specified in its charter)

                     Texas                                   06-6414468
         (State or other jurisdiction of                  (I.R.S. Employer
         incorporation or organization)                  Identification No.)

    1001 Fannin, Suite 250, Houston, Texas                     77002
   (Address of principal executive offices)                  (Zip Code)

       Registrant's telephone number, including area code: (713) 651-7841

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark whether the registrant is an accelerated filer (as
defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date: As of September 30, 2003,
2,454,310 units of Class B Beneficial Interests and 725,729 units of Class C
Beneficial Interests were outstanding.


<PAGE>


SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q may include "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. The opinions,
forecasts, projections, guidance or other statements, other than statements of
historical fact, are forward-looking statements. When used in this Form 10-Q,
words such as "will", "would", "should", "plans", "may", "anticipate",
"believe", "estimate", "expect", "intend", "predict", "project" and similar
expressions as they relate to the Trust or Trust management, identify
forward-looking statements. Such forward-looking statements are based on the
beliefs of Trust management as well as information currently available to the
Trust and assumptions made by Trust management that are subject to changes and
other risks. Although the Trust believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. Certain risks and uncertainties
inherent in the Trust's business are set forth in the filings of the Trust with
the Securities and Exchange Commission. If one or more of these risks or
uncertainties materialize, or if any underlying assumption proves incorrect,
actual results may vary materially from those anticipated, expected or
projected. All subsequent written and oral forward-looking statements
attributable to the Trust or individuals acting on behalf of the Trust are
expressly qualified in their entirety by this paragraph. The Trust does not
undertake any obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

                  FIRSTCITY LIQUIDATING TRUST AND SUBSIDIARIES

              CONSOLIDATED STATEMENTS OF NET ASSETS IN LIQUIDATION
                             (DOLLARS IN THOUSANDS)

<Table>
<Caption>
                                                                   SEPTEMBER 30,   DECEMBER 31,
                                                                       2003            2002
                                                                   -------------   -------------
                       Assets, at estimated fair value              (Unaudited)
<S>                                                                <C>             <C>
Cash and cash equivalents ......................................   $       4,172   $       4,226
Trust assets, net ..............................................              83          27,405
                                                                   -------------   -------------
       Total assets ............................................           4,255          31,631
                                                                   -------------   -------------
               Less liabilities at face or estimated amount
Payables and accrued liabilities ...............................             455           1,531
                                                                   -------------   -------------
       Total liabilities .......................................             455           1,531
                                                                   -------------   -------------
Commitments and contingencies ..................................              --              --
               Trust net asset value attributable to:
Class B Certificate, 2,454,310 units outstanding ...............           3,800          30,100
Class C Certificate, 725,729 units outstanding .................              --              --
                                                                   -------------   -------------
       Total net asset value ...................................   $       3,800   $      30,100
                                                                   =============   =============
</Table>

See accompanying notes to consolidated financial statements.


                                        2
<PAGE>


                  FIRSTCITY LIQUIDATING TRUST AND SUBSIDIARIES

                CONSOLIDATED STATEMENTS OF OPERATIONS AND CHANGES
                       IN NET ASSET VALUE IN LIQUIDATION
                        (DOLLARS IN THOUSANDS)(UNAUDITED)


<Table>
<Caption>
                                                    THREE MONTHS            NINE  MONTHS
                                                 ENDED SEPTEMBER 30,      ENDED SEPTEMBER 30,
                                                 --------------------    --------------------
                                                   2003        2002        2003         2002
                                                 --------    --------    --------    --------
<S>                                              <C>         <C>         <C>         <C>
Changes in fair value of trust assets ........   $  2,022    $    314    $  3,317    $  1,098
Interest income on short-term investments ....         15          16          35          43
Administrative expense .......................     (1,940)       (330)     (2,655)     (1,141)
                                                 --------    --------    --------    --------
       Net income ............................         97          --         697          --
                                                 --------    --------    --------    --------
Net asset value, beginning of period .........     30,700      36,900      30,100      36,900
Distributions on Class B Certificate .........    (26,997)         --     (26,997)         --
                                                 --------    --------    --------    --------
Net asset value, end of period ...............   $  3,800    $ 36,900    $  3,800    $ 36,900
                                                 ========    ========    ========    ========
</Table>


                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                        (DOLLARS IN THOUSANDS)(UNAUDITED)

<Table>
<Caption>
                                                                         NINE MONTHS ENDED
                                                                            SEPTEMBER 30,
                                                                          2003        2002
                                                                       --------    --------
<S>                                                                    <C>         <C>
Cash flows from operating activities:
    Net income .....................................................   $    697    $     --
    Adjustments to reconcile net income to net cash provided
    by operating activities:
       Changes in fair value of trust assets .......................     (3,317)     (1,098)
       Collections on Trust assets, net of advances ................     29,443       1,974
       Increase  (decrease) in payables and accrued liabilities ....        120         (75)
                                                                       --------    --------
          Net cash provided by operating activities ................     26,943         801
                                                                       --------    --------
Cash flows from financing activities:
    Distributions on Class B Certificate ...........................    (26,997)         --
                                                                       --------    --------
    Net cash used in financing activities ..........................    (26,997)         --
                                                                       --------    --------
    Net increase(decrease) in cash and cash equivalents ............        (54)        801
    Cash and cash equivalents, beginning of period .................      4,226       3,265
                                                                       --------    --------
    Cash and cash equivalents, end of period .......................   $  4,172    $  4,066
                                                                       ========    ========
</Table>

See accompanying notes to consolidated financial statements.


                                        3
<PAGE>


                  FIRSTCITY LIQUIDATING TRUST AND SUBSIDIARIES
                   Notes to Consolidated Financial Statements
                               September 30, 2003


(A)      Basis of Presentation

         The unaudited consolidated financial statements of FirstCity
         Liquidating Trust (the "Trust", formerly the "Debtor") reflect, in the
         opinion of management, all adjustments, consisting only of normal and
         recurring adjustments, necessary to present fairly the Trust's net
         assets in liquidation at September 30, 2003, its changes in net asset
         value in liquidation for the three month and nine month periods ended
         September 30, 2003 and 2002 and cash flows for the nine month periods
         ended September 30, 2003 and 2002.

         Management of the Trust has made certain estimates and assumptions
         relating to the reporting of assets and liabilities and the disclosure
         of contingent assets and liabilities to prepare these consolidated
         financial statements in conformity with accounting principles generally
         accepted in the United States of America. Actual results could differ
         from those estimates.

(B)      Trust Assets

         Trust assets are comprised of the following (dollars in thousands):

<Table>
<Caption>
                                                        September 30,   December 31,
Estimated Gross Cash Flow by Type of Asset                  2003            2002
------------------------------------------              ------------    ------------
                                                        (Unaudited)
<S>                                                     <C>             <C>
Borrowers' obligation on outstanding balance of:
    Performing loans ................................   $        333    $        438
    Nonperforming loans .............................              4               6
Real estate and other assets ........................            234          31,616
                                                        ------------    ------------
    Total ...........................................            571          32,060
                                                        ------------    ------------
    Discount required to reflect trust assets at
         estimated fair value .......................           (488)         (4,655)
                                                        ------------    ------------
Trust assets, net ...................................   $         83    $     27,405
                                                        ============    ============
</Table>

         For each asset, estimates of income, expense and net cash flow on a
         monthly basis through the expected final disposition date are prepared
         by management of the Trust. The individual asset budget is developed
         based upon factors which include physical inspection of the asset or
         the collateral underlying the related loan, local market conditions,
         contractual payments or rents, and discussions with the relevant
         borrower. The Trust's management and the Portfolio Committee
         periodically reevaluate and revise projected monthly cash flows on an
         asset by asset basis. At September 30, 2003 and December 31, 2002, the
         projected monthly cash flows were discounted at 7% to reflect the Trust
         assets at estimated fair value. The Trust assets are highly
         concentrated in Texas.


                                        4
<PAGE>


                  FIRSTCITY LIQUIDATING TRUST AND SUBSIDIARIES
                   Notes to Consolidated Financial Statements
                                   (continued)


         In the second quarter of 2003, the Trust sold its 67% partnership
         interest in First City Tower for approximately $29 million. At
         September 30, 2003, the discount required to reflect trust assets at
         estimated fair value included estimated future expenses of closing out
         the Trust.

(C)      Distribution Priorities

         The Trust is required to apply all proceeds from the liquidation and
         disposition of the Trust's assets first to payment of normal operating
         expenses. Second, Trust proceeds totaling $188 million were distributed
         to FirstCity Financial Corporation ("FirstCity") to retire the Class A
         Certificate in December 1997. The third order of distribution of Trust
         proceeds is payments pursuant to employment and bonus agreements with
         certain former employees of the Debtor. The bonus pool and executive
         long-term incentive plan provides for the payment of bonuses equal to
         4.76% of additional distributions to Class B Certificate holders and
         (if any) Class C Certificate holders.

         Fourth, Class B Certificate holders are entitled to distributions up to
         the Pour-Over Level. The Pour-Over Level (approximately $30 million at
         September 30, 2003) is the liquidation preference on July 3, 1995 of
         the Debtor's Series B and Series E preferred stock, less the nominal
         stated value of FirstCity special preferred stock and the book value of
         FirstCity common stock issued to the Series B and Series E holders,
         plus interest at an annual rate of 6.5% from July 3, 1995. The
         Pour-Over Level is reduced for distributions to Class B Certificate
         holders. On July 14, 2003, $27.0 million, or $11.00 per Certificate,
         was distributed to Class B Certificate holders and a $1.3 million bonus
         was paid to certain former employees of the Debtor.

         Lastly, Class C Certificate holders receive distributions, if any,
         after any remaining payments to Class B Certificate holders up to the
         Pour-Over Level (approximately $12.36 per unit as of September 30,
         2003).

         The ultimate amounts to be distributed to the holders of the B and C
         Certificates will result from the cash flow actually realized from the
         liquidation of the non-cash Trust assets. The determination of the net
         asset value of the Trust in the accompanying consolidated statements of
         net assets in liquidation is based upon estimates of future cash flows.
         The actual cash flows and the timing of such cash flows may vary
         significantly from those estimates, thus affecting the final
         distributions to the certificate holders.


                                        5
<PAGE>


                  FIRSTCITY LIQUIDATING TRUST AND SUBSIDIARIES
                   Notes to Consolidated Financial Statements
                                   (continued)


(D)      Commitments and Contingencies

         In July 2002, Gordonville Corporation, N.V., New Coronado Investment
         Corp., N.V. and Corona Investments, N.V., companies which claim to own
         approximately 46% of the 725,729 Class C Certificates (acquired in
         various tender offers at prices varying from approximately $1.00 to
         $1.50) filed a lawsuit against the Trustee and individual members of
         the Portfolio Committee of the Trust in the U.S. Bankruptcy Court for
         the Northern District of Texas, Dallas Division (Gordonville
         Corporation, et al. vs. State Street Bank and Trust Company et al.,
         Case No. 392-39474-HCA-11). The complaint alleges, among other things,
         that the Trustee and the individual members of the Portfolio Committee
         breached their fiduciary duties to the Class C Certificate holders in a
         manner which would prevent the Class C Certificate holders from
         realizing any value. The complaint seeks $14 million in actual damages,
         plus punitive damages and attorneys' fees. Management of the Trust and
         the members of the Portfolio Committee believe that the lawsuit is
         entirely without merit and intend to vigorously defend against the
         action. In November 2002 the Bankruptcy Court granted the Trust's
         motion to dismiss the lawsuit without prejudice. In February 2003 the
         lawsuit was re-filed in the District Court of Harris County, Texas.
         Trial is scheduled for January 2004 and discovery is proceeding.

         The Trust is involved in various other legal proceedings in the
         ordinary course of business. In the opinion of management of the Trust,
         the resolution of such matters will not have a material adverse impact
         on the consolidated financial position, results of operations or
         liquidity of the Trust.

         In 1996 the FDIC closed the receiverships of the Debtor's banks and
         distributed the remaining surplus of those receiverships to the Trust.
         In accordance with a conveyance and indemnification agreement, the
         Trust is required, among other things, to provide indemnity to the FDIC
         against any known or unknown liabilities, obligations or actual
         expenses associated with the receiverships, in an aggregate amount up
         to $10 million until the termination of the Trust. Management of the
         Trust does not believe that, to the extent the Trust is obligated to
         pay certain claims or expenses associated with the past obligations of
         the Debtor's banks, such payments will have a material adverse impact
         on the consolidated financial position, results of operations or
         liquidity of the Trust.


                                        6
<PAGE>


Item 2. Management's Discussion and Analysis of Financial Condition and Results
of Operations.

         The operations of the Trust for the third quarter and first nine months
of 2003 and 2002 are summarized below (dollars in thousands):


<Table>
<Caption>
                                                         THIRD                NINE MONTHS
                                                        QUARTER           ENDED SEPTEMBER 30,
                                                 --------------------    --------------------
                                                   2003        2002        2003        2002
                                                 --------    --------    --------    --------
<S>                                              <C>       <C>       <C>       <C>
Changes in fair value of trust assets ........   $  2,022    $    314    $  3,317    $  1,098
Interest income on short-term investments ....         15          16          35          43
Administrative expense .......................     (1,940)       (330)     (2,655)     (1,141)
                                                 --------    --------    --------    --------
       Net income ............................   $     97    $     --    $    697    $     --
                                                 ========    ========    ========    ========
</Table>


                THIRD QUARTER 2003 COMPARED TO THIRD QUARTER 2002

         The estimated fair value of the Trust's assets increased $2.0 million
in the third quarter of 2003 as compared to $.3 million in the third quarter of
2002. Factors which contributed to the enhancement of the net asset value of the
Trust's assets in the third quarter of 2003 and 2002 include the increase in the
estimated market value of the Trust's assets that naturally occurs as the
remaining life of the Trust (and concomitantly the discount factor applied in
calculating net asset value) decreases and as estimated future expenses are
incurred.

         Interest income on short-term investments decreased in the third
quarter of 2003 as compared to the third quarter of 2002 because of lower money
market yields. Administrative expense totaled $1.9 million in the third quarter
of 2003 as compared to $.3 million in 2002. A $1.3 million bonus, based on
distributions to Class B Certificate holders, was paid to certain former
employees of the Debtor in 2003 as compared to no bonus paid to such employees
in 2002.

                      NINE MONTHS ENDED SEPTEMBER 30, 2003
                COMPARED TO NINE MONTHS ENDED SEPTEMBER 30, 2002

         The estimated fair value of the Trust's assets increased $3.3 million
in the first nine months of 2003 as compared to $1.1 million in the first nine
months of 2002. Factors which contributed to the enhancement of the net asset
value of the Trust's assets in the first nine months of 2003 and 2002 include
the increase in the estimated market value of the Trust's assets that naturally
occurs as the remaining life of the Trust (and concomitantly the discount factor
applied in calculating net asset value) decreases and as estimated future
expenses are incurred.

         Interest income on short-term investments decreased in 2003 as compared
to 2002 because of lower money market yields.

         Administrative expense totaled $2.7 million in the first nine months of
2003 as compared to $1.1 million in the first nine months of 2002. A $1.3
million bonus, based on distributions to Class B Certificate holders, was paid
to certain former employees of the Debtor in 2003 as compared to no bonus paid
to such employees in 2002.


                                        7
<PAGE>


         Net collections on Trust assets in the first nine months of 2003
totaled $29.4 million (primarily the sale of the 67% partnership interest in
First City Tower) as compared to $2.0 million in 2002. The Class B Certificates
were valued at $3.8 million at September 30, 2003. On July 14, 2003, $27.0
million, or $11.00 per Certificate, was distributed to Class B Certificate
holders and a $1.3 million bonus was paid to certain former employees of the
Debtor. After the July 14, 2003 distribution, the remaining net asset value of
the Trust as reflected in the value of the Class B Certificates is estimated to
be between $1.25 and $2.00 per Certificate. The actual valuation will be
determined by the remaining asset liquidations and expenses of closing out the
Trust, as well as the outcome of certain litigation. From the inception of the
Trust in 1995, the net asset valuation has never shown any value to the Class C
Certificates. With the liquidation of the Trust assets nearly complete
subsequent to the sale of the largest remaining asset, management of the Trust
believes that no value will be apportioned to the Class C interests.

         Non-cash trust assets at September 30, 2003 and December 31, 2002 were
comprised of the following (dollars in thousands):

<Table>
<Caption>
                                                        September 30,    December 31,
Estimated Gross Cash Flow by Type of Asset                   2003           2002
------------------------------------------              -------------    -------------
<S>                                                     <C>              <C>
Borrowers' obligation on outstanding balance of:
    Performing loans ................................   $         333    $         438
    Nonperforming loans .............................               4                6
Real estate and other assets ........................             234           31,616
                                                        -------------    -------------
    Total ...........................................             571           32,060
                                                        -------------    -------------
    Discount required to reflect trust assets at
         estimated fair value .......................            (488)          (4,655)
                                                        -------------    -------------
Trust assets, net ...................................   $          83    $      27,405
                                                        =============    =============
</Table>


         For each asset, estimates of income, expense and net cash flow on a
monthly basis through the expected final disposition date are prepared by
management of the Trust. The individual asset budget is developed based upon
factors which include physical inspection of the asset or the collateral
underlying the related loan, local market conditions, contractual payments or
rents, and discussions with the relevant borrower. The Trust's management and
the Portfolio Committee periodically reevaluate and revise projected monthly
cash flows on an asset by asset basis. At September 30, 2003 and December 31,
2002, the projected monthly cash flows were discounted at 7% to reflect the
Trust assets at estimated fair value. The Trust assets are highly concentrated
in Texas.

         In the second quarter of 2003, the Trust sold its 67% partnership
interest in First City Tower for approximately $29 million. At September 30,
2003, the discount required to reflect trust assets at estimated fair value
included estimated future expenses of closing out the Trust.


                                        8
<PAGE>


Item 4. Controls and Procedures.

         Under the supervision and with the supervision of the management of the
Trust, including our principal executive officer and our principal financial
officer, we have performed an evaluation of the effectiveness of the design and
operation of our disclosure controls and procedures as of the end of the period
covered by this Quarterly Report pursuant to Rules 13a-15 and 15d-15 of the
Securities Exchange Act of 1934. Based on that evaluation, management of the
Trust concluded that the disclosure controls and procedures of the Trust were
effective. There have been no significant changes in the Trust's internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of their evaluation.

PART II - OTHER INFORMATION

Item 6. Exhibits and Reports on Form 8-K.

         (a) Exhibits

<Table>
<Caption>
Exhibit
  No.                      Description
-------  ----------------------------------------------------------------------
<S>      <C>
2.1(1)   Joint Plan of Reorganization for First City Bancorporation of Texas,
         Inc., as modified, under Chapter 11 of the United States Bankruptcy
         Code, as confirmed by the U.S. Bankruptcy Court for the Northern
         District of Texas, Dallas Division, on May 31, 1995.

2.2(5)   Order To Extend Term of FirstCity Liquidating Trust, dated June 11,
         2001.

2.3(6)   Purchase and Sale Contract between Financial Center, Inc., FCLT Tower,
         L.P., Parkway Properties FCT Limited Partner LP and Parkway Properties
         FCT General Partner dated April 30, 2003.

2.4(6)   Notice of exercise of right of first refusal by UIDC Management, Inc.
         and UIDC of Texas Co. dated May 28, 2003.

3.1(1)   The Liquidating Trust Agreement, dated as of July 3, 1995, by and
         between First City Bancorporation of Texas, Inc. and Shawmut Bank
         Connecticut, National Association (subsequently Fleet National Bank,
         State Street Bank and Trust Company, now U.S. Bank National
         Association), as Trustee.

10.1(3)  Employment Agreement, effective as of July 3, 1995, by and between FCLT
         Loans Asset Corp. and Robert W. Brown, as amended May 1, 1996.

10.2(2)  Settlement Agreement, dated as of June 22, 1994, as amended as of
         January 30, 1995, by and among FDIC-Corporate, the FDIC-Receivers and
         the First City Parties.

10.3(3)  Conveyance and Indemnification Agreement, dated December 23, 1996,
         between FDIC-Corporate, the FDIC-Receivers, FCLT Loans, L.P. and the
         Trust.

10.4(4)  Extension of Conveyance and Indemnification Agreement, dated in April
         1999, between FDIC-Corporate, the FDIC-Receivers, FCLT Loans, L.P. and
         the Trust.

31.1     Rule 13a-14(a)/15d-14(a) Certification.

31.2     Rule 13a-14(a)/15d-14(a) Certification.
</Table>


                                        9
<PAGE>


<Table>
<Caption>
Exhibit
  No.                      Description
-------  ----------------------------------------------------------------------
<S>      <C>
32.1     Principal Executive Officer Certification pursuant to 18 U.S.C. Section
         1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
         2002.

32.2     Principal Financial Officer Certification pursuant to 18 U.S.C. Section
         1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
         2002.
</Table>

---------
(1) Filed as the exhibit indicated to the Registration Statement on Form 10
filed with the Securities and Exchange Commission on May 1, 1996 and
incorporated herein by reference.

(2) Filed as the exhibit indicated to the Registration Statement on Form 10/A
filed with the Securities and Exchange Commission on July 10, 1996 and
incorporated herein by reference.

(3) Filed as the exhibit indicated to the Form 10-K for the fiscal year ended
December 31, 1996 filed with the Securities and Exchange Commission and
incorporated herein by reference.

(4) Filed as the exhibit indicated to the Form 10-Q for the quarter ended March
31, 1999 filed with the Securities and Exchange Commission and incorporated
herein by reference.

(5) Filed as the exhibit indicated to the Form 10-Q for the quarter ended June
30, 2001 filed with the Securities and Exchange Commission and incorporated
herein by reference.

(6) Filed as Exhibits 2.1 and 2.2 to the Form 8-K filed with the Securities and
Exchange Commission on July 14, 2003 and incorporated herein by reference.

(b) Reports on Form 8-K. A report on Form 8-K was furnished to the Securities
and Exchange Commission on July 14, 2003.


                                       10

<PAGE>


                                   SIGNATURES


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                         U.S. Bank National Association,
                                         as Trustee



Date: November 10, 2003                  /s/ Cauna Silva
                                         ---------------------
                                         Name: Cauna Silva
                                               ---------------
                                         Title: Vice President
                                                --------------


                                       11

<PAGE>

                               INDEX TO EXHIBITS

<Table>
<Caption>
Exhibit
  No.                      Description
-------  ----------------------------------------------------------------------
<S>      <C>
2.1(1)   Joint Plan of Reorganization for First City Bancorporation of Texas,
         Inc., as modified, under Chapter 11 of the United States Bankruptcy
         Code, as confirmed by the U.S. Bankruptcy Court for the Northern
         District of Texas, Dallas Division, on May 31, 1995.

2.2(5)   Order To Extend Term of FirstCity Liquidating Trust, dated June 11,
         2001.

2.3(6)   Purchase and Sale Contract between Financial Center, Inc., FCLT Tower,
         L.P., Parkway Properties FCT Limited Partner LP and Parkway Properties
         FCT General Partner dated April 30, 2003.

2.4(6)   Notice of exercise of right of first refusal by UIDC Management, Inc.
         and UIDC of Texas Co. dated May 28, 2003.

3.1(1)   The Liquidating Trust Agreement, dated as of July 3, 1995, by and
         between First City Bancorporation of Texas, Inc. and Shawmut Bank
         Connecticut, National Association (subsequently Fleet National Bank,
         State Street Bank and Trust Company, now U.S. Bank National
         Association), as Trustee.

10.1(3)  Employment Agreement, effective as of July 3, 1995, by and between FCLT
         Loans Asset Corp. and Robert W. Brown, as amended May 1, 1996.

10.2(2)  Settlement Agreement, dated as of June 22, 1994, as amended as of
         January 30, 1995, by and among FDIC-Corporate, the FDIC-Receivers and
         the First City Parties.

10.3(3)  Conveyance and Indemnification Agreement, dated December 23, 1996,
         between FDIC-Corporate, the FDIC-Receivers, FCLT Loans, L.P. and the
         Trust.

10.4(4)  Extension of Conveyance and Indemnification Agreement, dated in April
         1999, between FDIC-Corporate, the FDIC-Receivers, FCLT Loans, L.P. and
         the Trust.

31.1     Rule 13a-14(a)/15d-14(a) Certification.

31.2     Rule 13a-14(a)/15d-14(a) Certification.
</Table>


<PAGE>


<Table>
<Caption>
Exhibit
  No.                      Description
-------  ----------------------------------------------------------------------
<S>      <C>
32.1     Principal Executive Officer Certification pursuant to 18 U.S.C. Section
         1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
         2002.

32.2     Principal Financial Officer Certification pursuant to 18 U.S.C. Section
         1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
         2002.
</Table>

---------
(1) Filed as the exhibit indicated to the Registration Statement on Form 10
filed with the Securities and Exchange Commission on May 1, 1996 and
incorporated herein by reference.

(2) Filed as the exhibit indicated to the Registration Statement on Form 10/A
filed with the Securities and Exchange Commission on July 10, 1996 and
incorporated herein by reference.

(3) Filed as the exhibit indicated to the Form 10-K for the fiscal year ended
December 31, 1996 filed with the Securities and Exchange Commission and
incorporated herein by reference.

(4) Filed as the exhibit indicated to the Form 10-Q for the quarter ended March
31, 1999 filed with the Securities and Exchange Commission and incorporated
herein by reference.

(5) Filed as the exhibit indicated to the Form 10-Q for the quarter ended June
30, 2001 filed with the Securities and Exchange Commission and incorporated
herein by reference.

(6) Filed as Exhibits 2.1 and 2.2 to the Form 8-K filed with the Securities and
Exchange Commission on July 14, 2003 and incorporated herein by reference.

(b) Reports on Form 8-K. A report on Form 8-K was furnished to the Securities
and Exchange Commission on July 14, 2003.