The Graveyard › Banks › 1991
American Bank & Trust Company
Shreveport, LA · failed April 11, 1991 · FDIC certificate 18723
American Bank & Trust Company of Shreveport, LA failed on April 11, 1991. It opened on March 25, 1963, 28 years before. At its last report before that it held $60.9 million in assets and $60.4 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $90.1 million. The FDIC estimates that the Bank Insurance Fund lost $10.5 million on it.
1984-031990-12
Assets at the end$60.9 millionlast report before April 11, 1991
Deposits at the end$60.4 million
Estimated loss to the fund$10.5 millionBIF
Largest in the quarterly reports$90.1 millionMarch 31, 1985
Equity to assets0.4%December 31, 1990
Loans not being repaid6.2%noncurrent, December 31, 1990
Return on assets-0.99%a year's rate, December 31, 1990
Staff22full time, December 31, 1990
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.