FDIC failed bank list
Bank failures in 1997
1 insured bank failed in 1997, with combined assets of $27.9M and an estimated cost to the deposit insurance fund of $5.0M.
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| Southwest Bank | Jennings, LA | Nov 21, 1997 | $27.9M | First Southwest Bank | $5.0M |