The Graveyard › Banks › 1986

Metropolitan Bank & Trust Company

Baton Rouge, LA · failed November 7, 1986 · FDIC certificate 24081

Metropolitan Bank & Trust Company of Baton Rouge, LA failed on November 7, 1986. It opened on November 1, 1982, 4 years before. At its last report before that it held $70.1 million in assets and $69.2 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1985, it held $82.2 million. The FDIC estimates that the FDIC's insurance fund lost $28.7 million on it.

1984-031986-09

Assets at the end$70.1 millionlast report before November 7, 1986

Deposits at the end$69.2 million

Estimated loss to the fund$28.7 millionFDIC

Largest in the quarterly reports$82.2 millionDecember 31, 1985

Equity to assets0.5%September 30, 1986

Loans not being repaid14.4%noncurrent, September 30, 1986

Return on assets-7.15%a year's rate, September 30, 1986

Staff38full time, September 30, 1986

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Also ended in 1986

Western S&LA · Dallas, TX · $2.0 billion in assets
The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
Mainland S&LA · Houston, TX · $1.0 billion in assets
American Diversified Savings Bank · Costa Mesa · $978.6 million 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.