Bank failure · LA
The Planters Bank & Trust Company (Haynesville, LA) — failed January 19, 1989
The Planters Bank & Trust Company of Haynesville, Louisiana was closed on January 19, 1989 and resolved through a purchase and assumption. Planters Bank and Trust Com (LA) took over its insured deposits. At failure it held $57.3M in assets and $57.9M in deposits. The FDIC's estimated loss on the failure is $10.2M (17.7% of assets).
- Closing date
- January 19, 1989
- FDIC certificate #
- 12718
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Planters Bank and Trust Com
- Insurance fund
- FDIC
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