Bank failure · LA

Dixie Fs&la (New Orleans, LA) — failed October 1, 1982

Dixie Fs&la of New Orleans, Louisiana was closed on October 1, 1982 and resolved through a a/a. Dixie Fs&la (LA) took over its insured deposits. At failure it held $539.0M in assets and $433.8M in deposits. The FDIC's estimated loss on the failure is $19.0M (3.5% of assets).