# AMERICAN BANK & TRUST COMPANY

> **Failed bank** · BATON ROUGE, LA · failed 1990-08-02 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $6M

## What happened

AMERICAN BANK & TRUST COMPANY of BATON ROUGE, LA was closed by regulators on **1990-08-02**. The FDIC was named receiver.

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

Deposits were transferred to **HANCOCK BANK OF LOUISIANA** (BATON ROUGE, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2863
- **FDIC Certificate:** 16392
- **FDIC FIN:** 4254
- **Bank name:** AMERICAN BANK & TRUST COMPANY
- **Location:** BATON ROUGE, LA
- **Failure date:** 1990-08-02
- **FDIC resolution date:** 1990-08-02
- **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:** $320M
- **Assets at failure:** $352M
- **Acquiring bank:** HANCOCK BANK OF LOUISIANA (BATON ROUGE, LA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN BANK & TRUST COMPANY (FDIC ID 2863), failed 1990-08-02. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2863.

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