# LOUISIANA BANK & TRUST COMPANY

> **Failed bank** · SHREVEPORT, LA · failed 1989-02-16 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $70M

## What happened

LOUISIANA BANK & TRUST COMPANY of SHREVEPORT, LA was closed by regulators on **1989-02-16**. The FDIC was named receiver.

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

Deposits were transferred to **HIBERNIA NATIONAL BANK** (NEW ORLEANS, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2103
- **FDIC Certificate:** 17537
- **FDIC FIN:** 2967
- **Bank name:** LOUISIANA BANK & TRUST COMPANY
- **Location:** SHREVEPORT, LA
- **Failure date:** 1989-02-16
- **FDIC resolution date:** 1989-02-16
- **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:** $70M
- **Deposits at failure:** $276M
- **Assets at failure:** $270M
- **Acquiring bank:** HIBERNIA NATIONAL BANK (NEW ORLEANS, LA)

## Other banks HIBERNIA NATIONAL BANK has acquired in FDIC resolutions

- LIVINGSTON BANK (DENHAM SPRINGS, LA) — failed 1989-03-16 — /failed-bank/2224
- THE NATIONAL BANK OF BOSSIER CITY (BOSSIER CITY, LA) — failed 1989-01-12 — /failed-bank/2068
- FIRST NATIONAL BANK (COVINGTON, LA) — failed 1988-11-18 — /failed-bank/1985
- NATIONAL FIDELITY BANK OF SHREVEPORT (SHREVEPORT, LA) — failed 1988-07-28 — /failed-bank/1800
- UNITED MERCANTILE BANK (SHREVEPORT, LA) — failed 1988-01-21 — /failed-bank/1606
- HUB CITY BANK & TRUST COMPANY (LAFAYETTE, LA) — failed 1987-02-20 — /failed-bank/1368

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LOUISIANA BANK & TRUST COMPANY (FDIC ID 2103), failed 1989-02-16. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2103.

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