# FIRST NATIONAL BANK OF EAST BATON ROUGE

> **Failed bank** · BATON ROUGE, LA · failed 1989-05-04 · National commercial bank (OCC-chartered) · FDIC cost $8M

## What happened

FIRST NATIONAL BANK OF EAST BATON ROUGE of BATON ROUGE, LA was closed by the OCC on **1989-05-04**. The FDIC was named receiver.

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

Deposits were transferred to **THE FIRST NATIONAL BANK IN** (MORGAN CITY, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2367
- **FDIC Certificate:** 24318
- **FDIC FIN:** 4013
- **Bank name:** FIRST NATIONAL BANK OF EAST BATON ROUGE
- **Location:** BATON ROUGE, LA
- **Failure date:** 1989-05-04
- **FDIC resolution date:** 1989-05-04
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $8M
- **Deposits at failure:** $30M
- **Assets at failure:** $28M
- **Acquiring bank:** THE FIRST NATIONAL BANK IN (MORGAN CITY, LA)

## Other banks THE FIRST NATIONAL BANK IN has acquired in FDIC resolutions

- ALVARADO NATIONAL BANK (ALVARADO, TX) — failed 1991-11-14 — /failed-bank/3236
- BANK OF THE SOUTH (BATON ROUGE, LA) — failed 1991-10-30 — /failed-bank/3228
- MIDLOTHIAN NATIONAL BANK (MIDLOTHIAN, TX) — failed 1989-12-13 — /failed-bank/2587

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20NATIONAL%20BANK%20OF%20EAST%20BATON%20ROUGE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NATIONAL BANK OF EAST BATON ROUGE (FDIC ID 2367), failed 1989-05-04. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2367.

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