Bank Failure
METRO FS&LA
Closed December 2, 1983 · LAKE CHARLES, LA · FDIC Cert #31114.
- Closing date
- December 2, 1983
- Headquarters
- LAKE CHARLES, LA
- FDIC Certificate
- 31114
- Total assets at closing
- $27,381,000
- Total deposits at closing
- $18,509,000
- Estimated loss to DIF
- $10,870,000
- Resolution type
- other
Context
On December 2, 1983, regulators closed METRO FS&LA, headquartered in LAKE CHARLES, LA. At closing, the institution held approximately $27,381,000 in assets and $18,509,000 in deposits. The FDIC resolved the institution without a single-acquirer transaction. The estimated cost to the FDIC Deposit Insurance Fund was approximately $10,870,000.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Other failures in 1983
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 1983-12-30 | FIRST FS&LA OF MONROEVILLE | MONROEVILLE, AL | $29,780,000 |
| 1983-12-27 | CITIZENS S&LA | MIDDLETOWN, OH | $63,594,000 |
| 1983-12-16 | THE BANK OF RED OAK | RED OAK, OK | $11,135,000 |
| 1983-12-13 | BANK OF HACKLEBURG | HACKLEBURG, AL | $6,531,000 |
| 1983-12-13 | BANK OF HACKLEBURG | HACKLEBURG, AL | $6,531,000 |
| 1983-12-09 | UNION TRUST COMPANY | SAN JUAN, PR | $30,578,000 |
| 1983-12-01 | BOHEMIAN S&LA | ST. LOUIS, MO | $168,567,000 |
| 1983-11-25 | ATKINSON TRUST & SAVINGS BANK | ATKINSON, IL | $21,074,000 |
Explore: all failures · LA bank events · 1983 events · events hub