The Graveyard › Banks › 1986

American Bank & Trust Company

Lafayette, LA · failed September 26, 1986 · FDIC certificate 17532

American Bank & Trust Company of Lafayette, LA failed on September 26, 1986. It opened on February 8, 1956, 30 years before. At its last report before that it held $210.9 million in assets and $191.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $326.2 million. The FDIC estimates that the FDIC's insurance fund lost $65.5 million on it.

1984-031986-06

Assets at the end$210.9 millionlast report before September 26, 1986

Deposits at the end$191.7 million

Estimated loss to the fund$65.5 millionFDIC

Largest in the quarterly reports$326.2 millionDecember 31, 1984

Equity to assets0.9%June 30, 1986

Loans not being repaid27.0%noncurrent, June 30, 1986

Return on assets-4.94%a year's rate, June 30, 1986

Staff165full time, June 30, 1986

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Also ended in 1986

Western S&LA · Dallas, TX · $2.0 billion in assets
The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
Mainland S&LA · Houston, TX · $1.0 billion in assets
American Diversified Savings Bank · Costa Mesa · $978.6 million 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.