Bank failure · LA

Baton Rouge S&la (Baton Rouge, LA) — failed October 1, 1985

Baton Rouge S&la of Baton Rouge, Louisiana was closed on October 1, 1985 and resolved through a a/a. Pelican Homestead&svg Assn (LA) took over its insured deposits. At failure it held $116.0M in assets and $93.3M in deposits. The FDIC's estimated loss on the failure is $5.3M (4.5% of assets).