The Graveyard › Banks › 1989

The National Bank of Bossier City

Bossier City, LA · failed January 12, 1989 · FDIC certificate 17220

The National Bank of Bossier City of Bossier City, LA failed on January 12, 1989. It opened on May 22, 1953, 35 years before. At its last report before that it held $73.3 million in assets and $76.4 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1986, it held $122.2 million. The FDIC estimates that the FDIC's insurance fund lost $31.3 million on it.

1984-031988-12

Assets at the end$73.3 millionlast report before January 12, 1989

Deposits at the end$76.4 million

Estimated loss to the fund$31.3 millionFDIC

Largest in the quarterly reports$122.2 millionSeptember 30, 1986

Equity to assets-9.4%December 31, 1988

Loans not being repaid26.9%noncurrent, December 31, 1988

Return on assets-10.05%a year's rate, December 31, 1988

Staff55full time, December 31, 1988

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Also ended in 1989

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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.