The Graveyard › Banks › 1987
Tallulah State Bank & Trust Comp
Tallulah, LA · failed March 27, 1987 · FDIC certificate 8803
Tallulah State Bank & Trust Comp of Tallulah, LA failed on March 27, 1987. It opened in 1902, 85 years before. At its last report before that it held $31.1 million in assets and $31.4 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $49.6 million. The FDIC estimates that the FDIC's insurance fund lost $11.9 million on it.
1984-031986-12
Assets at the end$31.1 millionlast report before March 27, 1987
Deposits at the end$31.4 million
Estimated loss to the fund$11.9 millionFDIC
Largest in the quarterly reports$49.6 millionMarch 31, 1985
Equity to assets-6.8%December 31, 1986
Loans not being repaid30.2%noncurrent, December 31, 1986
Return on assets-13.06%a year's rate, December 31, 1986
Staff18full time, December 31, 1986
Also ended in 1987
- Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
- Freedom S&LA · Tampa, FL · $1.9 billion in assets
- Vernon S&LA · Vernon, TX · $1.3 billion in assets
- Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
- Independent American SA · Irving, TX · $1.0 billion in assets
- First Financial Bank, FSB · New Orleans · $744.9 million 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.