Bank failure · LA
First Bankers Trust of Bossier City (Bossier City, LA) — failed September 14, 1989
First Bankers Trust of Bossier City of Bossier City, Louisiana was closed on September 14, 1989 and resolved through a purchase and assumption. First American Bank & Trust (LA) took over its insured deposits. At failure it held $27.1M in assets and $28.7M in deposits. The FDIC's estimated loss on the failure is $6.9M (25.6% of assets).
- Closing date
- September 14, 1989
- FDIC certificate #
- 25595
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- First American Bank & Trust
- Insurance fund
- BIF
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