The Graveyard › Banks › 1987
Bayou Fs&La
New Orleans · assisted March 20, 1987 · FDIC certificate 32156
Bayou Fs&La of New Orleans was given assistance by the FSLIC on March 20, 1987. The FDIC's list records an assistance transaction, not a closing. It opened in 1982, 5 years before. At its last report before that it held $25.8 million in assets and $28.3 million in deposits. The FDIC estimates that the FSLIC's fund lost $12.5 million on it.
1984-031986-12
Assets at the end$25.8 millionlast report before March 20, 1987
Deposits at the end$28.3 million
Estimated loss to the fund$12.5 millionFSLIC
Largest in the quarterly reports$27.0 millionMarch 31, 1986
Equity to assets-18.4%December 31, 1986
Loans not being repaid34.3%noncurrent, December 31, 1986
Return on assets-2.88%a year's rate, December 31, 1986
Also ended in 1987
- Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
- Freedom S&LA · Tampa, FL · $1.9 billion in assets
- Vernon S&LA · Vernon, TX · $1.3 billion in assets
- Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
- Independent American SA · Irving, TX · $1.0 billion in assets
- First Financial Bank, FSB · New Orleans · $744.9 million 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.