Failures by State

Bank Failures in Louisiana

142 FDIC-insured banks headquartered in Louisiana have failed since 1936, the 6th most of any state or territory. The most recent was First NBC Bank on April 28, 2017. The worst year was 1989, with 53 failures. Failed banks held $19.23B in assets at closing.

142

Failures

1936 to 2017

$19.23B

Failed assets

At closing

$7.36B

Estimated DIF loss

FDIC estimate

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Largest bank failures in Louisiana

Date	Bank	City	Assets	Acquirer or resolution
Apr 28, 2017	First NBC Bank	New Orleans	$3.33B	Whitney Bank
Oct 13, 1991	Oaktree Federal Savings	New Orleans	$2.21B	Branch sale
Jan 31, 1992	Pelican Homestead Sa	Metairie	$1.28B	First Commerce Corp.
Aug 7, 1989	Security Homestead Federal	New Orleans	$547.6M	Branch sale
Dec 14, 1989	Louisiana Savings ASSN.	Lake Charles	$449.3M	Branch sale
Jul 13, 1990	Capitol-Union FSA	Baton Rouge	$392.8M	Deposit payout
Oct 30, 1987	Capital Bank & Trust Co.	Baton Rouge	$384.4M	Sunburst Bank
Nov 18, 2011	Central Progressive Bank	Lacombe	$383.1M	First NBC Bank
Feb 17, 1989	Horizon FED. S & L Assoc.	Metairie	$380.7M	Deposit payout
Aug 2, 1990	American Bank & Trust Company	Baton Rouge	$351.5M	Hancock Bank of Louisiana

Louisiana bank failures by year

Year	Failures	Failed assets
2017	1	$3.33B
2011	1	$383.1M
2010	1	$243.2M
2002	1	$35.3M
1997	1	$27.9M
1993	1	$16.8M
1992	4	$1.38B
1991	8	$2.83B
1990	18	$1.87B
1989	53	$4.86B
1988	11	$620.3M
1987	19	$1.54B
1986	8	$726.3M
1985	7	$1.07B
1984	1	$71.4M
1983	1	$27.4M
1977	1	$6.3M
1976	1	$176.3M
1973	1	$9.8M
1937	1	$308K
1936	2	$1.7M

Every bank failure in Louisiana

Date	Bank	City	Assets	Acquirer or resolution
Apr 28, 2017	First NBC Bank	New Orleans	$3.33B	Whitney Bank
Nov 18, 2011	Central Progressive Bank	Lacombe	$383.1M	First NBC Bank
Mar 12, 2010	Statewide Bank	Covington	$243.2M	Home Bank
Dec 17, 2002	The Farmers Bank & Trust of Cheneyville	Cheneyville	$35.3M	Sabine State Bank & Trust C
Nov 21, 1997	Southwest Bank	Jennings	$27.9M	First Southwest Bank
Jan 29, 1993	Life FSB	Baton Rouge	$16.8M	Liberty B&T Co
Nov 13, 1992	Investors Bank and Trust Company	Gretna	$51.6M	Delta Bank&trust Co
Mar 13, 1992	Carrolton Home	New Orleans	$35.9M	Liberty B&TC
Mar 12, 1992	Progressive National Bank of Rayne	Rayne	$11.4M	St Landry Bank&trust Co
Jan 31, 1992	Pelican Homestead Sa	Metairie	$1.28B	First Commerce Corp.
Oct 30, 1991	Bank of the South	Baton Rouge	$31.8M	The First National Bank in
Oct 13, 1991	Oaktree Federal Savings	New Orleans	$2.21B	Branch sale
Jul 19, 1991	Pontchartrain State Bank	Metairie	$140.0M	First National Bank of Comm
Jun 7, 1991	Dryades S & La	New Orleans	$262.3M	Dryades SB, FSB
May 17, 1991	First City Bank	New Orleans	$56.1M	First Bank and Trust
May 10, 1991	Vermilion FSB	Abbeville	$17.8M	First Acadiana NB
Apr 11, 1991	American Bank & Trust Company	Shreveport	$60.9M	Tri-State Bank and Trust
Feb 14, 1991	Merchants Trust & Savings Bank	Kenner	$43.8M	First American Bank and Tru
Dec 28, 1990	Southern FS	New Orleans	$230.8M	Branch sale
Dec 13, 1990	Bank of Commerce	Alexandria	$19.6M	The Evangeline Bank and Tru
Nov 9, 1990	Louisiana Federal Savings Bank	Kenner	$58.8M	Deposit payout
Nov 2, 1990	Desoto FS & La	Mansfield	$63.9M	Deposit payout
Oct 5, 1990	The Peoples Bank & Trust Company	Natchitoches	$117.0M	Heritage Bank of Natchitoch
Aug 31, 1990	First FSA	Winnfield	$54.7M	Deposit payout
Aug 2, 1990	American Bank & Trust Company	Baton Rouge	$351.5M	Hancock Bank of Louisiana
Jul 20, 1990	Commonwealth Savings Assoc.	New Orleans	$44.0M	St. Bernard B&TC
Jul 20, 1990	United FS & La	Vidalia	$18.9M	Concordia B&TC
Jul 13, 1990	Capitol-Union FSA	Baton Rouge	$392.8M	Deposit payout
Jul 13, 1990	Progressive SB	Natchitoches	$50.2M	Deposit payout
Jun 15, 1990	First Federal Savings & Loan	Metairie	$156.3M	Deposit payout
May 18, 1990	Jonesboro Federal Sa	Jonesboro	$55.0M	Deposit payout
May 18, 1990	Jennings FSA	Jennings	$54.1M	American Bank
May 11, 1990	First FSA of Breaux Bridge	Breaux Bridge	$20.4M	Teche FSB
Apr 19, 1990	Acadiana National Bank	Lafayette	$33.5M	First National Bank of St.
Mar 16, 1990	United Federal Savings, F.A.	New Orleans	$53.2M	United B&TC
Jan 11, 1990	Deposit Trust Federal Savings	Monroe	$98.0M	First Republic Bank
Dec 14, 1989	Louisiana Savings ASSN.	Lake Charles	$449.3M	Branch sale
Dec 14, 1989	First Acadiana Bank	Eunice	$46.8M	American Security Bank of V
Dec 14, 1989	Red River S & L Assoc.	Coushatta	$10.4M	Peoples State Bank
Dec 8, 1989	First Bank, Pineville, Louisiana	Pineville	$72.3M	Rapides Bank & Trust Compan
Nov 17, 1989	Security National Bank of Shreveport	Shreveport	$19.4M	—
Nov 2, 1989	First Louisiana Federal Savings	Lafayette	$161.8M	St. Landry B&T Co.
Nov 2, 1989	Bank of St. Charles	St. Rose	$65.2M	First American Bank and Tru
Oct 26, 1989	First Security Bank and Trust Co	Haughton	$20.6M	Tri-State Bank and Trust
Oct 26, 1989	Western National Bank of Louisiana	Kaplan	$11.8M	Kaplan State Bank
Oct 19, 1989	Peoples Homestead Savings Bank	Monroe	$268.9M	Branch sale
Oct 13, 1989	Columbia Federal Homestead	Metairie	$96.1M	Branch sale
Oct 5, 1989	The Olla State Bank	Olla	$23.6M	Jonesville Bank & Trust Com
Sep 14, 1989	First Bankers Trust of Bossier City	Bossier City	$27.1M	First American Bank & Trust
Sep 7, 1989	The Lasalle State Bank	Jena	$38.8M	Jonesville Bank & Trust Com

Source: FDIC failed-bank list. Counts are real closures by headquarters state; FDIC open-bank assistance transactions are not failures and are excluded. Assets and deposits are as reported at closing.

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