Bank failure · LA
The Bank of Commerce (Shreveport, LA) — failed June 13, 1986
The Bank of Commerce of Shreveport, Louisiana was closed on June 13, 1986 and resolved through a purchase and assumption. Peoples B&t Natchitoches (LA) took over its insured deposits. At failure it held $75.4M in assets and $74.3M in deposits. The FDIC's estimated loss on the failure is $27.8M (36.9% of assets).
- Closing date
- June 13, 1986
- FDIC certificate #
- 21889
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Peoples B&t Natchitoches
- Insurance fund
- FDIC
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