The Graveyard › Banks › 1988
Avoyelles Trust & Savings Bank
Bunkie, LA · failed November 10, 1988 · FDIC certificate 11783
Avoyelles Trust & Savings Bank of Bunkie, LA failed on November 10, 1988. It opened on July 12, 1932, 56 years before. At its last report before that it held $27.1 million in assets and $30.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $47.5 million. The FDIC estimates that the FDIC's insurance fund lost $8.8 million on it.
1984-031988-09
Assets at the end$27.1 millionlast report before November 10, 1988
Deposits at the end$30.2 million
Estimated loss to the fund$8.8 millionFDIC
Largest in the quarterly reports$47.5 millionSeptember 30, 1984
Equity to assets-15.3%September 30, 1988
Loans not being repaid26.7%noncurrent, September 30, 1988
Return on assets-19.44%a year's rate, September 30, 1988
Staff24full time, September 30, 1988
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion in assets · assisted
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.