FIRST BANKERS TRUST OF BOSSIER CITY Failed 1989
What happened
FIRST BANKERS TRUST OF BOSSIER CITY of BOSSIER CITY, LA was closed on 1989-09-14. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST AMERICAN BANK & TRUST (MONROE, LA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2505
- FDIC Certificate
- 25595
- FDIC FIN
- 5989
- Bank name
- FIRST BANKERS TRUST OF BOSSIER CITY
- Location
- BOSSIER CITY, LA
- Failure date
- 1989-09-14
- FDIC resolution date
- 1989-09-14
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $7M
- Deposits at failure
- $29M
- Assets at failure
- $27M
- Acquiring bank
- FIRST AMERICAN BANK & TRUST (MONROE, LA)