The Graveyard › Banks › 1988
Claiborne Bank & Trust Company
Homer, LA · failed June 29, 1988 · FDIC certificate 21347
Claiborne Bank & Trust Company of Homer, LA failed on June 29, 1988. It opened on December 10, 1973, 14 years before. At its last report before that it held $13.1 million in assets and $12.9 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $1.3 million on it.
1984-031988-03
Assets at the end$13.1 millionlast report before June 29, 1988
Deposits at the end$12.9 million
Estimated loss to the fund$1.3 millionFDIC
Equity to assets0.9%March 31, 1988
Loans not being repaid12.7%noncurrent, March 31, 1988
Return on assets-0.19%a year's rate, March 31, 1988
Staff12full time, March 31, 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.