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Bank failure · LA

Bastrop Fs&la (Bastrop, LA) — failed September 30, 1983

Bastrop Fs&la of Bastrop, Louisiana was closed on September 30, 1983 and resolved through a a/a. Pelican Fs&la (LA) took over its insured deposits. At failure it held $32.9M in assets and $32.5M in deposits. The FDIC's estimated loss on the failure is $983K (3.0% of assets).

Closing date
September 30, 1983
FDIC certificate #
28181
Resolution
A/A (assistance)
Acquiring institution
Pelican Fs&la
Insurance fund
FSLIC

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