The Graveyard › Banks › 1989
Red River S & L Association
Coushatta, LA · failed December 14, 1989 · FDIC certificate 31830
Red River S & L Association of Coushatta, LA failed on December 14, 1989. It opened on December 2, 1976, 13 years before. At its last report before that it held $10.4 million in assets and $7.7 million in deposits. The FDIC estimates that the Resolution Trust Corporation lost $3.3 million on it.
1984-031989-09
Assets at the end$10.4 millionlast report before December 14, 1989
Deposits at the end$7.7 million
Estimated loss to the fund$3.3 millionRTC
Largest in the quarterly reports$10.4 millionSeptember 30, 1989
Equity to assets-4.1%September 30, 1989
Loans not being repaid11.2%noncurrent, September 30, 1989
Return on assets-0.75%a year's rate, September 30, 1989
On the FDIC's list: RED RIVER S & L ASSOC..
Take today's blind testAlso ended in 1989
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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.