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 | Assets |
|---|---|---|
| Apr 28, 2017 | First NBC Bank | $3.33B |
| Oct 13, 1991 | Oaktree Federal Savings | $2.21B |
| Jan 31, 1992 | Pelican Homestead Sa | $1.28B |
| Aug 7, 1989 | Security Homestead Federal | $547.6M |
| Dec 14, 1989 | Louisiana Savings ASSN. | $449.3M |
| Jul 13, 1990 | Capitol-Union FSA | $392.8M |
| Oct 30, 1987 | Capital Bank & Trust Co. | $384.4M |
| Nov 18, 2011 | Central Progressive Bank | $383.1M |
| Feb 17, 1989 | Horizon FED. S & L Assoc. | $380.7M |
| Aug 2, 1990 | American Bank & Trust Company | $351.5M |
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
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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