# FIRST SECURITY BANK AND TRUST CO

> **Failed bank** · HAUGHTON, LA · failed 1989-10-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $6M

## What happened

FIRST SECURITY BANK AND TRUST CO of HAUGHTON, LA was closed by regulators on **1989-10-26**. The FDIC was named receiver.

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

Deposits were transferred to **TRI-STATE BANK AND TRUST** (HAUGHTON, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2541
- **FDIC Certificate:** 22897
- **FDIC FIN:** 4112
- **Bank name:** FIRST SECURITY BANK AND TRUST CO
- **Location:** HAUGHTON, LA
- **Failure date:** 1989-10-26
- **FDIC resolution date:** 1989-10-26
- **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:** $6M
- **Deposits at failure:** $21M
- **Assets at failure:** $21M
- **Acquiring bank:** TRI-STATE BANK AND TRUST (HAUGHTON, LA)

## Other banks TRI-STATE BANK AND TRUST has acquired in FDIC resolutions

- AMERICAN BANK & TRUST COMPANY (SHREVEPORT, LA) — failed 1991-04-11 — /failed-bank/3064

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20SECURITY%20BANK%20AND%20TRUST%20CO

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST SECURITY BANK AND TRUST CO (FDIC ID 2541), failed 1989-10-26. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2541.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*