FIRST FS&LA NATCHITOCHES Failed 1987

What happened

FIRST FS&LA NATCHITOCHES of NATCHITOCHES, LA was closed on 1987-10-31. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to FIRST FS&LA LAKE CHARLES (LAKE CHARLES, LA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

1550

FDIC Certificate

28784

FDIC FIN

1711

Bank name

FIRST FS&LA NATCHITOCHES

Location

NATCHITOCHES, LA

Failure date

1987-10-31

FDIC resolution date

1987-10-31

Charter type

SL

Resolution type

A/A

FDIC DIF cost (est.)

$29M

Deposits at failure

$62M

Assets at failure

$48M

Acquiring bank

FIRST FS&LA LAKE CHARLES (LAKE CHARLES, LA)