The Graveyard › Banks › 1987
Capital Bank & Trust Co.
Baton Rouge, LA · failed October 30, 1987 · FDIC certificate 17442
Capital Bank & Trust Co. of Baton Rouge, LA failed on October 30, 1987. It opened on May 20, 1955, 32 years before. At its last report before that it held $384.4 million in assets and $343.4 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $582.3 million. The FDIC estimates that the FDIC's insurance fund lost $55.5 million on it.
1984-031987-09
Assets at the end$384.4 millionlast report before October 30, 1987
Deposits at the end$343.4 million
Estimated loss to the fund$55.5 millionFDIC
Largest in the quarterly reports$582.3 millionMarch 31, 1986
Equity to assets-10.2%September 30, 1987
Loans not being repaid30.1%noncurrent, September 30, 1987
Return on assets-13.10%a year's rate, September 30, 1987
Staff324full time, September 30, 1987
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.