The Graveyard › Banks › 1989
Lafayette S & L Association
Gretna, LA · failed July 27, 1989 · FDIC certificate 31821
Lafayette S & L Association of Gretna, LA failed on July 27, 1989. It opened on August 17, 1976, 12 years before. At its last report before that it held $29.1 million in assets and $26.9 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $7.3 million on it.
1984-031989-06
Assets at the end$29.1 millionlast report before July 27, 1989
Deposits at the end$26.9 million
Estimated loss to the fund$7.3 millionRTC
Largest in the quarterly reports$29.1 millionJune 30, 1989
Equity to assets-1.8%June 30, 1989
Loans not being repaid9.9%noncurrent, June 30, 1989
Return on assets-2.34%a year's rate, June 30, 1989
On the FDIC's list: LAFAYETTE S & L ASSOC..
Take today's blind testAlso ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- 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.
