Bank failure · LA
First Fs&la Natchitoches (Natchitoches, LA) — failed October 31, 1987
First Fs&la Natchitoches of Natchitoches, Louisiana was closed on October 31, 1987 and resolved through a a/a. First Fs&la Lake Charles (LA) took over its insured deposits. At failure it held $48.1M in assets and $62.3M in deposits. The FDIC's estimated loss on the failure is $29.4M (61.0% of assets).
- Closing date
- October 31, 1987
- FDIC certificate #
- 28784
- Resolution
- A/A (assistance)
- Acquiring institution
- First Fs&la Lake Charles
- Insurance fund
- FSLIC
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