Bank failure · LA

Community Fs&la (Baton Rouge, LA) — failed June 25, 1985

Community Fs&la of Baton Rouge, Louisiana was closed on June 25, 1985 and resolved through a abt. Horizon Fs&la (LA) took over its insured deposits. At failure it held $47.9M in assets and $46.8M in deposits. The FDIC's estimated loss on the failure is $29.7M (62.0% of assets).