# CAPITAL BANK & TRUST CO.

> **Failed bank** · BATON ROUGE, LA · failed 1987-10-30 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $56M

## What happened

CAPITAL BANK & TRUST CO. of BATON ROUGE, LA was closed by regulators on **1987-10-30**. The FDIC was named receiver.

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

Deposits were transferred to **SUNBURST BANK** (BATON ROUGE, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1547
- **FDIC Certificate:** 17442
- **FDIC FIN:** 2744
- **Bank name:** CAPITAL BANK & TRUST CO.
- **Location:** BATON ROUGE, LA
- **Failure date:** 1987-10-30
- **FDIC resolution date:** 1988-05-24
- **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:** $56M
- **Deposits at failure:** $343M
- **Assets at failure:** $384M
- **Acquiring bank:** SUNBURST BANK (BATON ROUGE, LA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CAPITAL BANK & TRUST CO. (FDIC ID 1547), failed 1987-10-30. Retrieved via AI Analytics 2026-07-16 from https://api.ai-analytics.org/failed-bank/1547.

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