The Graveyard › Banks › 1989
Bankers Trust of Louisiana, NA
Kenner, LA · failed March 10, 1989 · FDIC certificate 23984
Bankers Trust of Louisiana, NA of Kenner, LA failed on March 10, 1989. It opened on August 16, 1982, 6 years before. At its last report before that it held $83.0 million in assets and $88.9 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $22.7 million on it.
1984-031988-12
Assets at the end$83.0 millionlast report before March 10, 1989
Deposits at the end$88.9 million
Estimated loss to the fund$22.7 millionFDIC
Largest in the quarterly reports$83.5 millionSeptember 30, 1988
Equity to assets-8.1%December 31, 1988
Loans not being repaid5.1%noncurrent, December 31, 1988
Return on assets-11.04%a year's rate, December 31, 1988
Staff60full time, December 31, 1988
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.