The Graveyard › Banks › 1987
Liberty Fs&La
Leesville, LA · failed April 24, 1987 · FDIC certificate 31804
Liberty Fs&La of Leesville, LA failed on April 24, 1987. It opened on April 8, 1976, 11 years before. At its last report before that it held $134.9 million in assets and $150.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1985, it held $168.9 million. The FDIC estimates that the FSLIC's fund lost $121.7 million on it.
1984-031987-03
Assets at the end$134.9 millionlast report before April 24, 1987
Deposits at the end$150.7 million
Estimated loss to the fund$121.7 millionFSLIC
Largest in the quarterly reports$168.9 millionJune 30, 1985
Equity to assets-16.1%March 31, 1987
Loans not being repaid59.0%noncurrent, March 31, 1987
Return on assets-8.98%a year's rate, March 31, 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.