Bank failure · LA

Planters Trust & Savings Bank of Opelousas (Opelousas, LA) — failed May 18, 1984

Planters Trust & Savings Bank of Opelousas of Opelousas, Louisiana was closed on May 18, 1984 and resolved through a purchase and assumption. First Nb of St Landry Pa (LA) took over its insured deposits. At failure it held $71.4M in assets and $66.4M in deposits. The FDIC's estimated loss on the failure is $28.8M (40.4% of assets).