Bank failure · LA
The National Bank of Bossier City (Bossier City, LA) — failed January 12, 1989
The National Bank of Bossier City of Bossier City, Louisiana was closed on January 12, 1989 and resolved through a purchase and assumption. Hibernia National Bank (LA) took over its insured deposits. At failure it held $73.3M in assets and $76.4M in deposits. The FDIC's estimated loss on the failure is $31.3M (42.6% of assets).
- Closing date
- January 12, 1989
- FDIC certificate #
- 17220
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Hibernia National Bank
- Insurance fund
- FDIC
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