Bank failure · LA

Carrolton Home (New Orleans, LA) — failed March 13, 1992

Carrolton Home of New Orleans, Louisiana was closed on March 13, 1992 and resolved through a purchase and assumption. Liberty B&tc (LA) took over its insured deposits. At failure it held $35.9M in assets and $32.6M in deposits. The FDIC's estimated loss on the failure is $2.2M (6.1% of assets).