The Graveyard › Banks › 1986
Republic Bank
Blanchard, LA · failed October 31, 1986 · FDIC certificate 20758
Republic Bank of Blanchard, LA failed on October 31, 1986. It opened on August 1, 1972, 14 years before. At its last report before that it held $41.7 million in assets and $39.4 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $63.2 million. The FDIC estimates that the FDIC's insurance fund lost $11.6 million on it.
1984-031986-09
Assets at the end$41.7 millionlast report before October 31, 1986
Deposits at the end$39.4 million
Estimated loss to the fund$11.6 millionFDIC
Largest in the quarterly reports$63.2 millionSeptember 30, 1984
Equity to assets2.9%September 30, 1986
Loans not being repaid13.4%noncurrent, September 30, 1986
Return on assets-2.25%a year's rate, September 30, 1986
Staff47full time, September 30, 1986
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.