The Graveyard › Banks › 1987
Twin City Fs & La
West Monroe · failed September 19, 1987 · FDIC certificate 31527
Twin City Fs & La of West Monroe failed on September 19, 1987. It opened on August 22, 1966, 21 years before. At its last report before that it held $149.5 million in assets and $182.4 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1987, it held $188.4 million. The FDIC estimates that the FSLIC's fund lost $160.6 million on it.
1984-031987-06
Assets at the end$149.5 millionlast report before September 19, 1987
Deposits at the end$182.4 million
Estimated loss to the fund$160.6 millionFSLIC
Largest in the quarterly reports$188.4 millionJune 30, 1987
Equity to assets2.1%June 30, 1987
Loans not being repaid53.0%noncurrent, June 30, 1987
Return on assets2.24%a year's rate, June 30, 1987
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.