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
Aug 7, 1989	Security Homestead Federal	New Orleans	$547.6M	Branch sale
Aug 7, 1989	South S & L Assoc.	Slidell	$267.4M	Branch sale
Aug 7, 1989	Delta Savings & Loan Association	Kenner	$148.5M	First State B&TC
Aug 7, 1989	Citizens Homestead FSA	New Orleans	$108.6M	Deposit payout
Aug 7, 1989	American Savings & Loan	New Orleans	$61.1M	Gulf Coast B&TC
Aug 7, 1989	Central Savings & Loan	New Orleans	$53.3M	Gulf Coast B&TC
Aug 7, 1989	Home S & L Assoc.	New Orleans	$36.5M	Deposit payout
Aug 7, 1989	Terrebonne S & L Assoc.	Houma	$26.6M	St. Mary B&TC
Aug 7, 1989	First City Federal S & L	Baton Rouge	$22.2M	Equitable Trust S&LA
Jul 27, 1989	Commercial S & La Assoc.	Hammond	$74.2M	Deposit payout
Jul 27, 1989	Lafayette S & L Assoc.	Gretna	$29.1M	Algiers Homestead Associati
Jul 20, 1989	Parish Federal S & L Assoc.	Denham Springs	$14.7M	Deposit payout
Jul 13, 1989	The Sterlington Bank	Sterlington	$15.2M	Bank of St. Joseph & Trust
May 24, 1989	Commerce and Energy Bank	Lafayette	$29.5M	Midsouth National Bank
May 24, 1989	First Eastern Bank & Trust Company	New Orleans	$29.4M	Peoples Bank & Trust Compan
May 4, 1989	First National Bank of East Baton Rouge	Baton Rouge	$28.3M	The First National Bank in
Apr 6, 1989	St. Tammany National Bank	Mandeville	$47.1M	Whitney National Bank in St
Mar 16, 1989	First FED. S & L Assoc.	Shreveport	$196.5M	Deposit payout
Mar 16, 1989	Livingston Bank	Denham Springs	$106.2M	Hibernia National Bank
Mar 16, 1989	Acadia Savings & Loan	Crowley	$89.7M	Iberia SB, SSB
Mar 16, 1989	First FED. S & L Assoc.	New Iberia	$64.3M	Iberia SB, SSB
Mar 16, 1989	River City Federal Savings	Baton Rouge	$61.2M	Hibernia NB
Mar 16, 1989	First FS & La	Baton Rouge	$39.5M	Life SB
Mar 16, 1989	Evangeline Federal Savings & Loan	Lafayette	$37.4M	Hibernia NB
Mar 16, 1989	Family FS & La	Shreveport	$27.6M	City B&T of Shreveport
Mar 16, 1989	First FED. S & L Assoc.	Eunice	$23.5M	Guaranty Bank of Mamou
Mar 16, 1989	Peoples FS & La of Thibodaux	Thibodaux	$19.6M	First Interstate BK of SO.
Mar 10, 1989	Bankers Trust of Louisiana, N.A.	Kenner	$83.0M	Investors Bank & Trust Comp
Mar 2, 1989	Enterprise Federal Savings	Marrero	$63.5M	Whitney NB
Mar 2, 1989	Elmwood FED. S & L Assoc.	Harahan	$57.4M	First NB of Commerce
Mar 2, 1989	Fountainbleau Federal	Slidell	$38.7M	Fontainebleau Community Ban
Mar 2, 1989	First Savings of Louisiana	La Place	$25.9M	Hibernia NB
Feb 17, 1989	Horizon FED. S & L Assoc.	Metairie	$380.7M	Deposit payout
Feb 17, 1989	French Market Homestead, FSA	Metairie	$250.8M	First NB of Commerce
Feb 16, 1989	Louisiana Bank & Trust Company	Shreveport	$270.4M	Hibernia National Bank
Jan 19, 1989	The Planters Bank & Trust Company	Haynesville	$57.3M	Planters Bank and Trust Com
Jan 12, 1989	The National Bank of Bossier City	Bossier City	$73.3M	Hibernia National Bank
Jan 12, 1989	Orleans Bank and Trust Company	New Orleans	$24.9M	Mississippi River Bank
Jan 5, 1989	Bank of Benton	Benton	$12.2M	Red River Valley Bank
Dec 15, 1988	Crescent City Bank & Trust Company	New Orleans	$24.0M	Omni Bank
Nov 18, 1988	First National Bank	Covington	$262.2M	Hibernia National Bank
Nov 10, 1988	Avoyelles Trust & Savings Bank	Bunkie	$27.1M	Bunkie Bank&trust Co
Oct 20, 1988	Commercial Bank & Trust Company	Metairie	$58.8M	Pontchartrain State Bank
Aug 25, 1988	Bank of the Mid-South	Bossier City	$41.8M	Red River Valley Bank
Jul 28, 1988	National Fidelity Bank of Shreveport	Shreveport	$10.5M	Hibernia National Bank
Jun 29, 1988	Claiborne Bank & Trust Company	Homer	$13.1M	Homer National Bank
Mar 17, 1988	First National Bank of Port Allen	Port Allen	$19.6M	Iberville Trust&savings
Jan 21, 1988	United Mercantile Bank	Shreveport	$86.3M	Hibernia National Bank
Jan 21, 1988	Louisiana Commercial Bank	Madisonville	$26.8M	Pontchartrain State Bank
Jan 14, 1988	Colonial Bank	New Orleans	$50.2M	Pontchartrain State Bank

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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