The Graveyard › Banks › 1989

Security National Bank of Shreveport

Shreveport, LA · failed November 17, 1989 · FDIC certificate 23763

Security National Bank of Shreveport of Shreveport, LA failed on November 17, 1989. It opened on March 25, 1982, 7 years before. At its last report before that it held $19.4 million in assets and $20.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $20.7 million. The FDIC estimates that the Bank Insurance Fund lost $7.2 million on it.

1984-031989-09

Assets at the end$19.4 millionlast report before November 17, 1989

Deposits at the end$20.2 million

Estimated loss to the fund$7.2 millionBIF

Largest in the quarterly reports$20.7 millionSeptember 30, 1984

Equity to assets-6.0%September 30, 1989

Loans not being repaid11.1%noncurrent, September 30, 1989

Return on assets-9.95%a year's rate, September 30, 1989

Staff21full time, September 30, 1989

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Also ended in 1989

Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
City Savings, FSB · Somerset, NJ · $9.8 billion in assets
MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
University Federal Savings · Houston, TX · $4.5 billion 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.