The Graveyard › Banks › 1986
The Bank of Commerce
Shreveport, LA · failed June 13, 1986 · FDIC certificate 21889
The Bank of Commerce of Shreveport, LA failed on June 13, 1986. It opened on January 8, 1975, 11 years before. At its last report before that it held $75.4 million in assets and $74.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $79.6 million. The FDIC estimates that the FDIC's insurance fund lost $27.8 million on it.
1984-031986-03
Assets at the end$75.4 millionlast report before June 13, 1986
Deposits at the end$74.3 million
Estimated loss to the fund$27.8 millionFDIC
Largest in the quarterly reports$79.6 millionSeptember 30, 1984
Equity to assets0.2%March 31, 1986
Loans not being repaid29.2%noncurrent, March 31, 1986
Return on assets-1.47%a year's rate, March 31, 1986
Staff53full time, March 31, 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.