# AMERICAN BANK & TRUST COMPANY

> **Failed bank** · LAFAYETTE, LA · failed 1986-09-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $66M

## What happened

AMERICAN BANK & TRUST COMPANY of LAFAYETTE, LA was closed by regulators on **1986-09-26**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **WHITNEY NB OF NEW ORLEAN** (NEW ORLEANS, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1281
- **FDIC Certificate:** 17532
- **FDIC FIN:** 2602
- **Bank name:** AMERICAN BANK & TRUST COMPANY
- **Location:** LAFAYETTE, LA
- **Failure date:** 1986-09-26
- **FDIC resolution date:** 1986-09-26
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $66M
- **Deposits at failure:** $192M
- **Assets at failure:** $211M
- **Acquiring bank:** WHITNEY NB OF NEW ORLEAN (NEW ORLEANS, LA)

## Other banks WHITNEY NB OF NEW ORLEAN has acquired in FDIC resolutions

- METROPOLITAN BANK & TRUST COMPANY (BATON ROUGE, LA) — failed 1986-11-07 — /failed-bank/1304

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=AMERICAN%20BANK%20%26%20TRUST%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN BANK & TRUST COMPANY (FDIC ID 1281), failed 1986-09-26. Retrieved via AI Analytics 2026-07-13 from https://api.ai-analytics.org/failed-bank/1281.

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