Bank failure · LA
Citizens Bank & Trust Company (Arcadia, LA) — failed December 31, 1986
Citizens Bank & Trust Company of Arcadia, Louisiana was closed on December 31, 1986 and resolved through a a/a. First Nb Bienville Parish (LA) took over its insured deposits. At failure it held $10.4M in assets and $10.7M in deposits. The FDIC's estimated loss on the failure is $197K (1.9% of assets).
- Closing date
- December 31, 1986
- FDIC certificate #
- 20492
- Resolution
- A/A (assistance)
- Acquiring institution
- First Nb Bienville Parish
- Insurance fund
- FDIC
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