Bank failure · LA

Investors Bank and Trust Company (Gretna, LA) — failed November 13, 1992

Investors Bank and Trust Company of Gretna, Louisiana was closed on November 13, 1992 and resolved through a purchase and assumption. Delta Bank&trust Co (LA) took over its insured deposits. At failure it held $51.6M in assets and $50.8M in deposits. The FDIC's estimated loss on the failure is $4.8M (9.3% of assets).