Bank failure · LA
Moreauville State Bank (Moreauville, LA) — failed May 8, 1987
Moreauville State Bank of Moreauville, Louisiana was closed on May 8, 1987 and resolved through a purchase and assumption. Mansura Stb Mansura LA (LA) took over its insured deposits. At failure it held $16.8M in assets and $16.9M in deposits. The FDIC's estimated loss on the failure is $3.1M (18.3% of assets).
- Closing date
- May 8, 1987
- FDIC certificate #
- 16357
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Mansura Stb Mansura LA
- Insurance fund
- FDIC
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