The Graveyard › Banks › 1992

Investors Bank & Trust Company

Gretna, LA · failed November 13, 1992 · FDIC certificate 25721

Investors Bank & Trust Company of Gretna, LA failed on November 13, 1992. It opened on November 6, 1984, 8 years before. At its last report before that it held $51.6 million in assets and $50.8 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1989, it held $127.1 million. The FDIC estimates that the Bank Insurance Fund lost $4.8 million on it.

1984-121992-09

Assets at the end$51.6 millionlast report before November 13, 1992

Deposits at the end$50.8 million

Estimated loss to the fund$4.8 millionBIF

Largest in the quarterly reports$127.1 millionMarch 31, 1989

Equity to assets1.0%September 30, 1992

Loans not being repaid3.0%noncurrent, September 30, 1992

Return on assets0.35%a year's rate, September 30, 1992

Staff54full time, September 30, 1992

On the FDIC's list: INVESTORS BANK AND TRUST COMPANY.

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Also ended in 1992

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Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
Carteret FSB · Madison, NJ · $4.8 billion in assets
Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
The Howard Savings Bank · Newark, NJ · $3.5 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.