The Graveyard › Banks › 1990
Acadiana National Bank
Lafayette, LA · failed April 19, 1990 · FDIC certificate 24941
Acadiana National Bank of Lafayette, LA failed on April 19, 1990. It opened on January 6, 1984, 6 years before. At its last report before that it held $33.5 million in assets and $33.0 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1986, it held $48.2 million. The FDIC estimates that the Bank Insurance Fund lost $1.3 million on it.
1984-031989-12
Assets at the end$33.5 millionlast report before April 19, 1990
Deposits at the end$33.0 million
Estimated loss to the fund$1.3 millionBIF
Largest in the quarterly reports$48.2 millionSeptember 30, 1986
Equity to assets0.1%December 31, 1989
Loans not being repaid7.6%noncurrent, December 31, 1989
Return on assets-2.73%a year's rate, December 31, 1989
Staff25full time, December 31, 1989
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.