# FIRSTBANC FSB

> **Failed bank** · GONZALES, LA · failed 1987-12-30 · Savings bank · FDIC cost $33M

## What happened

FIRSTBANC FSB of GONZALES, LA was closed by state regulators on **1987-12-30**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **PELICAN HOMESTEAD&SVG ASSN** (METAIRIE, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1590
- **FDIC Certificate:** 31835
- **FDIC FIN:** 1717
- **Bank name:** FIRSTBANC FSB
- **Location:** GONZALES, LA
- **Failure date:** 1987-12-30
- **FDIC resolution date:** 1987-12-30
- **Charter type:** Savings bank
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $33M
- **Deposits at failure:** $47M
- **Assets at failure:** $46M
- **Acquiring bank:** PELICAN HOMESTEAD&SVG ASSN (METAIRIE, LA)

## Other banks PELICAN HOMESTEAD&SVG ASSN has acquired in FDIC resolutions

- FIRST FS&LA OF ALEXANDRIA (ALEXANDRIA, LA) — failed 1987-12-30 — /failed-bank/1589
- FIRST FINANCIAL OF LA (LUTCHER, LA) — failed 1987-12-30 — /failed-bank/1588
- BATON ROUGE S&LA (BATON ROUGE, LA) — failed 1985-10-01 — /failed-bank/1077

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRSTBANC%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRSTBANC FSB (FDIC ID 1590), failed 1987-12-30. Retrieved via AI Analytics 2026-07-07 from https://api.ai-analytics.org/failed-bank/1590.

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