The Graveyard › Banks › 1990
American Bank & Trust Company
Baton Rouge, LA · failed August 2, 1990 · FDIC certificate 16392
American Bank & Trust Company of Baton Rouge, LA failed on August 2, 1990. It opened on April 2, 1946, 44 years before. At its last report before that it held $351.5 million in assets and $319.8 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $733.6 million. The FDIC estimates that the Bank Insurance Fund lost $6.2 million on it.
1984-031990-06
Assets at the end$351.5 millionlast report before August 2, 1990
Deposits at the end$319.8 million
Estimated loss to the fund$6.2 millionBIF
Largest in the quarterly reports$733.6 millionDecember 31, 1985
Equity to assets0.8%June 30, 1990
Loans not being repaid4.6%noncurrent, June 30, 1990
Return on assets0.14%a year's rate, June 30, 1990
Staff353full time, June 30, 1990
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.