The Graveyard › Banks › 1990
Bank of Commerce
Alexandria, LA · failed December 13, 1990 · FDIC certificate 26835
Bank of Commerce of Alexandria, LA failed on December 13, 1990. It opened on November 24, 1986, 4 years before. At its last report before that it held $19.6 million in assets and $19.9 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $28.0 million. The FDIC estimates that the Bank Insurance Fund lost $4.1 million on it.
1986-121990-09
Assets at the end$19.6 millionlast report before December 13, 1990
Deposits at the end$19.9 million
Estimated loss to the fund$4.1 millionBIF
Largest in the quarterly reports$28.0 millionJune 30, 1989
Equity to assets-2.6%September 30, 1990
Loans not being repaid9.8%noncurrent, September 30, 1990
Return on assets-8.09%a year's rate, September 30, 1990
Staff15full time, September 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.