The Graveyard › Banks › 1989

First Bankers Trust of Bossier City

Bossier City, LA · failed September 14, 1989 · FDIC certificate 25595

First Bankers Trust of Bossier City of Bossier City, LA failed on September 14, 1989. It opened on September 4, 1984, 5 years before. At its last report before that it held $27.1 million in assets and $28.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $31.7 million. The FDIC estimates that the Bank Insurance Fund lost $6.9 million on it.

1984-091989-06

Assets at the end$27.1 millionlast report before September 14, 1989

Deposits at the end$28.7 million

Estimated loss to the fund$6.9 millionBIF

Largest in the quarterly reports$31.7 millionDecember 31, 1988

Equity to assets-11.7%June 30, 1989

Loans not being repaid12.8%noncurrent, June 30, 1989

Return on assets-22.83%a year's rate, June 30, 1989

Staff12full time, June 30, 1989

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Also ended in 1989

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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.