Bank failure · LA
First Fs&la of Slidell (Slidell, LA) — failed December 31, 1987
First Fs&la of Slidell of Slidell, Louisiana was closed on December 31, 1987 and resolved through a a/a. Alabama Fs&la (AL) took over its insured deposits. At failure it held $46.2M in assets and $48.8M in deposits. The FDIC's estimated loss on the failure is $13.2M (28.7% of assets).
- Closing date
- December 31, 1987
- FDIC certificate #
- 31515
- Resolution
- A/A (assistance)
- Acquiring institution
- Alabama Fs&la
- Insurance fund
- FSLIC
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