142 failures since 1934 · $7.4 billion estimated loss
Bank failures in Louisiana
Louisiana has 142 bank failures on FDIC record since 1934, 4.0% of the national total and the sixth-highest count of any state or territory. The worst year was 1989, with 53. Since 2000 there have been 4; the most recent was First NBC Bank on April 28, 2017. The largest by assets was First NBC Bank of New Orleans, with $3.3 billion, in 2017.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| April 28, 2017 | First NBC Bank | New Orleans, LA | $3.3 billion | $722 million |
| November 18, 2011 | Central Progressive Bank | Lacombe, LA | $383 million | $48.8 million |
| March 12, 2010 | Statewide Bank | Covington, LA | $243 million | $26.1 million |
| December 17, 2002 | Farmers Bank & Trust of Cheneyville | Cheneyville, LA | $35.3 million | $12.2 million |
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| November 21, 1997 | Southwest Bank | Jennings, LA | $27.9 million | $5.0 million |
| January 29, 1993 | Life Savings Bank, F.S.B. | Baton Rouge, LA | $16.8 million | $2.2 million |
| November 13, 1992 | Investors Bank & Trust Company | Gretna, LA | $51.6 million | $4.8 million |
| March 13, 1992 | Carrollton Homestead Association | New Orleans, LA | $35.9 million | $2.2 million |
| March 12, 1992 | Progressive National Bank of Rayne | Rayne, LA | $11.4 million | $1.7 million |
| January 31, 1992 | Pelican Homestead and Savings Association | Metairie, LA | $1.3 billion | $288 million |
| October 30, 1991 | Bank of the South | Baton Rouge, LA | $31.8 million | $3.6 million |
| October 13, 1991 | Oak Tree Savings Bank, S.S.B. | New Orleans, LA | $2.2 billion | $2.3 billion |
| July 19, 1991 | Pontchartrain State Bank | Metairie, LA | $140 million | $29.4 million |
| June 7, 1991 | Dryades Savings and Loan Association | New Orleans, LA | $262 million | $15.1 million |
| May 17, 1991 | First City Bank | New Orleans, LA | $56.1 million | $10.4 million |
| May 10, 1991 | Vermilion State Savings Bank, S.S.B. | Abbeville, LA | $17.8 million | $323 thousand |
| April 11, 1991 | American Bank & Trust Company | Shreveport, LA | $60.9 million | $10.5 million |
| February 14, 1991 | Merchants Trust & Savings Bank | Kenner, LA | $43.8 million | $11.2 million |
| December 28, 1990 | Southern Savings Bank, SSB | New Orleans, LA | $231 million | $7.0 million |
| December 13, 1990 | Bank of Commerce | Alexandria, LA | $19.6 million | $4.1 million |
| November 9, 1990 | Louisiana FSB | Kenner, LA | $58.8 million | $9.5 million |
| November 2, 1990 | Desoto Federal Savings and Loan Association | Mansfield, LA | $63.9 million | $8.5 million |
| October 5, 1990 | The Peoples Bank & Trust Company, Natchitoches, La. | Natchitoches, LA | $117 million | $12.6 million |
| August 31, 1990 | First Federal Savings and Loan Association | Winnfield, LA | $54.7 million | $6.3 million |
| August 2, 1990 | American Bank & Trust Company | Baton Rouge, LA | $352 million | $6.2 million |
| July 20, 1990 | United Federal Savings and Loan Association | Vidalia, LA | $18.9 million | none |
| July 20, 1990 | Commonwealth Savings Association | New Orleans, LA | $44.0 million | $19.1 million |
| July 13, 1990 | Progressive Federal Savings Bank | Natchitoches, LA | $50.2 million | $17.1 million |
| July 13, 1990 | Capital-Union Savings FA | Baton Rouge, LA | $393 million | $117 million |
| June 15, 1990 | First Federal Savings Bank of New Orleans | Metairie, LA | $156 million | $51.7 million |
| May 18, 1990 | Jennings Federal Savings and Loan Association | Jennings, LA | $54.1 million | $11.0 million |
| May 18, 1990 | Jonesboro Federal Savings and Loan Association | Jonesboro, LA | $55.0 million | $18.8 million |
| May 11, 1990 | First Federal Savings and Loan Association | Breaux Bridge, LA | $20.4 million | $1.4 million |
| April 19, 1990 | Acadiana National Bank | Lafayette, LA | $33.5 million | $1.3 million |
| March 16, 1990 | United Federal Savings and Loan Association | New Orleans, LA | $53.2 million | $16.5 million |
| January 11, 1990 | Deposit Trust Savings Bank | Monroe, LA | $98.0 million | $24.7 million |
| December 14, 1989 | Red River Savings and Loan Association | Coushatta, LA | $10.4 million | $3.3 million |
| December 14, 1989 | First Acadiana Bank | Eunice, LA | $46.8 million | $6.0 million |
| December 14, 1989 | Louisiana Savings Association | Lake Charles, LA | $449 million | $114 million |
| December 8, 1989 | First Bank, Pineville, Louisiana | Pineville, LA | $72.3 million | $39.5 million |
| November 17, 1989 | Security National Bank of Shreveport, Louisiana | Shreveport, LA | $19.4 million | $7.2 million |
| November 2, 1989 | Bank of St. Charles | St. Rose, LA | $65.2 million | $11.1 million |
| November 2, 1989 | First Louisiana FSB | Lafayette, LA | $162 million | $42.9 million |
| October 26, 1989 | Western National Bank of Louisiana | Kaplan, LA | $11.8 million | $1.5 million |
| October 26, 1989 | First Security Bank and Trust Company | Haughton, LA | $20.6 million | $5.8 million |
| October 19, 1989 | People's Homestead FS for Savings | Monroe, LA | $269 million | $100 million |
| October 13, 1989 | Columbia Homestead Association | Metairie, LA | $96.1 million | $26.8 million |
| October 5, 1989 | The Olla State Bank | Olla, LA | $23.6 million | $3.6 million |
| September 14, 1989 | First Bankers Trust of Bossier City | Bossier City, LA | $27.1 million | $6.9 million |
| September 7, 1989 | The LaSalle State Bank | Jena, LA | $38.8 million | $631 thousand |
| August 7, 1989 | First City Savings and Loan Association of Baton Rouge La | Baton Rouge, LA | $22.2 million | $11.9 million |
| August 7, 1989 | Terrebonne Savings and Loan Association | Houma, LA | $26.6 million | $7.0 million |
| August 7, 1989 | Home Savings and Loan Association | New Orleans, LA | $36.5 million | $16.4 million |
| August 7, 1989 | Central Savings and Loan Association | New Orleans, LA | $53.3 million | $28.8 million |
| August 7, 1989 | American Savings and Loan Association | New Orleans, LA | $61.1 million | $22.2 million |
| August 7, 1989 | Citizens Homestead Association | New Orleans, LA | $109 million | $34.4 million |
| August 7, 1989 | Delta Savings and Loan Association | Kenner, LA | $148 million | $76.3 million |
| August 7, 1989 | South Savings and Loan Association | Slidell, LA | $267 million | $86.8 million |
| August 7, 1989 | Security Homestead Association | New Orleans, LA | $548 million | $70.8 million |
| July 27, 1989 | Lafayette Savings and Loan Association | Gretna, LA | $29.1 million | $7.3 million |
| July 27, 1989 | Commercial Federal Savings Bank | Hammond, LA | $74.2 million | $33.4 million |
| July 20, 1989 | Parish Federal Savings Bank | Denham Springs, LA | $14.7 million | $4.4 million |
| July 13, 1989 | The Sterlington Bank | Sterlington, LA | $15.2 million | $4.2 million |
| May 24, 1989 | First Eastern Bank & Trust Company, New Orleans, Lousisiana | New Orleans, LA | $29.4 million | $7.7 million |
| May 24, 1989 | Commerce and Energy Bank of Lafayette | Lafayette, LA | $29.5 million | $6.7 million |
| May 4, 1989 | First National Bank of East Baton Rouge | Baton Rouge, LA | $28.3 million | $7.6 million |
| April 6, 1989 | St. Tammany National Bank | Mandeville, LA | $47.1 million | $5.8 million |
| March 16, 1989 | Peoples Federal Savings and Loan Association of Thibodaux | Thibodaux, LA | $19.6 million | $7.2 million |
| March 16, 1989 | First Federal Savings and Loan Association | Eunice, LA | $23.5 million | $5.5 million |
| March 16, 1989 | Family Federal Savings and Loan Association | Shreveport, LA | $27.6 million | $19.7 million |
| March 16, 1989 | Evangeline Federal Savings and Loan Association | Lafayette, LA | $37.4 million | $60.9 million |
| March 16, 1989 | First Federal Savings and Loan Association | Baton Rouge, LA | $39.5 million | $33.7 million |
| March 16, 1989 | River City Federal Savings Bank | Baton Rouge, LA | $61.2 million | $86.6 million |
| March 16, 1989 | First Federal Savings and Loan Association | New Iberia, LA | $64.3 million | $15.8 million |
| March 16, 1989 | Acadia Savings and Loan Association, A FSA | Crowley, LA | $89.7 million | $98.8 million |
| March 16, 1989 | Livingston Bank | Denham Springs, LA | $106 million | $16.5 million |
| March 16, 1989 | First Federal Savings and Loan Association | Shreveport, LA | $196 million | $99.4 million |
| March 10, 1989 | Bankers Trust of Louisiana, National Association | Kenner, LA | $83.0 million | $22.7 million |
| March 2, 1989 | First Savings of Louisiana, FSA | La Place, LA | $25.9 million | $34.3 million |
| March 2, 1989 | Fontainebleau Federal Savings Bank | Slidell, LA | $38.7 million | $26.3 million |
| March 2, 1989 | Elmwood Federal Savings and Loan Association | Harahan, LA | $57.4 million | $25.2 million |
| March 2, 1989 | Enterprise Federal Savings and Loan Association | Marrero, LA | $63.5 million | $35.3 million |
| February 17, 1989 | French Market Homestead, FSA | Metairie, LA | $251 million | $81.3 million |
| February 17, 1989 | Horizon Federal Savings and Loan Association | Metairie, LA | $381 million | $250 million |
| February 16, 1989 | Louisiana Bank & Trust Company | Shreveport, LA | $270 million | $70.5 million |
| January 19, 1989 | The Planters Bank & Trust Company | Haynesville, LA | $57.3 million | $10.2 million |
| January 12, 1989 | Orleans Bank and Trust Company | New Orleans, LA | $24.9 million | $6.5 million |
| January 12, 1989 | The National Bank of Bossier City | Bossier City, LA | $73.3 million | $31.3 million |
| January 5, 1989 | Bank of Benton | Benton, LA | $12.2 million | $3.4 million |
| December 15, 1988 | Crescent City Bank and Trust Company | New Orleans, LA | $24.0 million | $6.4 million |
| November 18, 1988 | First National Bank | Covington, LA | $262 million | $124 million |
| November 10, 1988 | Avoyelles Trust & Savings Bank | Bunkie, LA | $27.1 million | $8.8 million |
| October 20, 1988 | Commercial Bank and Trust Company | Metairie, LA | $58.8 million | $13.2 million |
| August 25, 1988 | Bank of the Mid-South, Bossier City, Louisiana | Bossier City, LA | $41.8 million | $6.8 million |
| July 28, 1988 | National Fidelity Bank of Shreveport | Shreveport, LA | $10.5 million | $2.9 million |
| June 29, 1988 | Claiborne Bank & Trust Company | Homer, LA | $13.1 million | $1.3 million |
| March 17, 1988 | First National Bank of Port Allen | Port Allen, LA | $19.6 million | $4.4 million |
| January 21, 1988 | Louisiana Commercial Bank | Madisonville, LA | $26.8 million | $6.3 million |
| January 21, 1988 | United Mercantile Bank | Shreveport, LA | $86.3 million | $26.4 million |
| January 14, 1988 | Colonial Bank | New Orleans, LA | $50.2 million | $3.4 million |
| December 17, 1987 | American Bank of Commerce | Lake Charles, LA | $35.5 million | $4.3 million |
| December 10, 1987 | America Bank in Louisiana | Morgan City, LA | $15.0 million | $4.0 million |
| December 10, 1987 | Louisiana Bank & Trust Company, Crowley, Louisiana | Crowley, LA | $18.5 million | $7.8 million |
| December 3, 1987 | Madison Bank and Trust Company | Richmond, LA | $9.7 million | $3.1 million |
| December 3, 1987 | State Bank of Commerce | Slidell, LA | $49.2 million | $14.2 million |
| November 19, 1987 | The People's Bank and Trust of Iberia Parish | New Iberia, LA | $79.1 million | $9.1 million |
| October 30, 1987 | Capital Bank & Trust Co. | Baton Rouge, LA | $384 million | $55.5 million |
| September 19, 1987 | Twin City FSB | West Monroe, LA | $149 million | $161 million |
| September 17, 1987 | Breaux Bridge Bank & Trust Co. | Breaux Bridge, LA | $22.5 million | $13.8 million |
| August 19, 1987 | 1ST Savings of Louisiana | La Place, LA | $33.6 million | not estimated |
| August 6, 1987 | Acadia Savings and Loan Association | Crowley, LA | $160 million | not estimated |
| August 6, 1987 | French Market Homestead Savings Association | Metairie, LA | $321 million | not estimated |
| June 26, 1987 | Liberty Bank and Trust Company | Greenwood, LA | $12.6 million | $5.2 million |
| June 24, 1987 | Pelican State Bank | Mansfield, LA | $7.2 million | $3.4 million |
| May 21, 1987 | Bank of Oak Grove | Oak Grove, LA | $24.0 million | $6.0 million |
| May 8, 1987 | Moreauville State Bank | Moreauville, LA | $16.8 million | $3.1 million |
| April 24, 1987 | Liberty Federal Savings and Loan Association | Leesville, LA | $135 million | $122 million |
| March 27, 1987 | Tallulah State Bank & Trust Company | Tallulah, LA | $31.1 million | $11.9 million |
| February 20, 1987 | Hub City Bank and Trust Company | Lafayette, LA | $38.0 million | $12.9 million |
| November 7, 1986 | Metropolitan Bank & Trust Company | Baton Rouge, LA | $70.1 million | $28.7 million |
| October 31, 1986 | Republic Bank | Blanchard, LA | $41.7 million | $11.6 million |
| September 26, 1986 | American Bank & Trust Company | Lafayette, LA | $211 million | $65.5 million |
| June 13, 1986 | The Bank of Commerce | Shreveport, LA | $75.4 million | $27.8 million |
| June 13, 1986 | Bossier Bank and Trust Company | Bossier City, LA | $216 million | $86.2 million |
| April 10, 1986 | The First National Bank of Ruston | Ruston, LA | $31.5 million | $2.3 million |
| January 17, 1986 | First Progressive Bank | Metairie, LA | $39.4 million | $15.6 million |
| January 10, 1986 | Bank of Dixie | Lake Providence, LA | $41.4 million | $13.6 million |
| August 23, 1985 | Alliance Federal Savings and Loan Association | Kenner, LA | $188 million | $148 million |
| June 25, 1985 | Community Savings and Loan Association | Baton Rouge, LA | $47.9 million | $29.7 million |
| June 25, 1985 | Crescent Federal Savings Bank | New Orleans, LA | $89.1 million | $53.7 million |
| June 25, 1985 | New Orleans Federal Savings and Loan Association | New Orleans, LA | $118 million | $73.5 million |
| June 25, 1985 | Northlake Federal Savings and Loan Association | Covington, LA | $141 million | $89.3 million |
| June 25, 1985 | Audubon Federal Savings and Loan Association | New Orleans, LA | $211 million | $166 million |
| June 25, 1985 | Sun Belt Federal Bank, FSB | Lake Providence, LA | $278 million | $156 million |
| May 18, 1984 | Planters Trust & Savings Bank of Opelousas | Opelousas, LA | $71.4 million | $28.8 million |
| December 2, 1983 | Metro Federal Savings and Loan Association of Lakes Charles | Lake Charles, LA | $27.4 million | $10.9 million |
| July 29, 1977 | Republic National Bank of Louisiana | New Orleans, LA | $6.3 million | not estimated |
| December 3, 1976 | International City Bank and Trust Company | New Orleans, LA | $176 million | not estimated |
| January 19, 1973 | Delta Security Bank & Trust Company | Ferriday, LA | $9.8 million | not estimated |
| June 23, 1937 | Amite River Bank | Denham Springs, LA | $308 thousand | not estimated |
| October 9, 1936 | Desoto Bank and Trust Company | Mansfield, LA | $1.2 million | not estimated |
| May 23, 1936 | West Monroe State Bank | West Monroe, LA | $520 thousand | not estimated |