The Graveyard › Banks › 1988
National Fidelity Bank of Shreveport
Shreveport, LA · failed July 28, 1988 · FDIC certificate 25791
National Fidelity Bank of Shreveport of Shreveport, LA failed on July 28, 1988. It opened on December 6, 1984, 3 years before. At its last report before that it held $10.5 million in assets and $10.6 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1986, it held $16.6 million. The FDIC estimates that the FDIC's insurance fund lost $2.9 million on it.
1984-121988-06
Assets at the end$10.5 millionlast report before July 28, 1988
Deposits at the end$10.6 million
Estimated loss to the fund$2.9 millionFDIC
Largest in the quarterly reports$16.6 millionSeptember 30, 1986
Equity to assets-1.6%June 30, 1988
Loans not being repaid19.1%noncurrent, June 30, 1988
Return on assets-1.63%a year's rate, June 30, 1988
Staff11full time, June 30, 1988
Also ended in 1988
- American S&LA · Stockton · $30.2 billion in assets · assisted
- First Republicbank-Dallas, N.A. · Dallas, TX · $17.1 billion in assets
- Gibraltar SA · Houston · $6.5 billion in assets · assisted
- United Savings Association of Texas · Houston · $4.6 billion in assets · assisted
- First City, Texas - Houston, NA · Houston · $4.4 billion in assets · assisted
- First Texas Savings Association · Dallas · $3.1 billion 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.